Permianville Royalty Trust (PVL) To Go Ex-Dividend on September 30th

Permianville Royalty Trust (NYSE:PVL) declared a monthly dividend on Monday, September 16th, Zacks reports. Stockholders of record on Monday, September 30th will be paid a dividend of 0.014 per share on Tuesday, October 15th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 10.31%. The ex-dividend date is Monday, September 30th.

Permianville Royalty Trust Stock Performance

Permianville Royalty Trust stock opened at $1.63 on Friday. The stock has a market capitalization of $53.79 million, a P/E ratio of 5.43 and a beta of 0.82. The company’s fifty day moving average price is $1.68 and its 200 day moving average price is $1.46. Permianville Royalty Trust has a 1 year low of $1.03 and a 1 year high of $2.64.

About Permianville Royalty Trust

Permianville Royalty Trust operates as a statutory trust. It is involved in the acquisition and holding of net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico.