Permian Basin Royalty Trust Dividend Insights: Key Information Before the Ex-Dividend Date on May 30, 2025

Generated by AI AgentAinvest Dividend Digest
Monday, May 26, 2025 7:59 pm ET1min read
PBT--
Permian Basin Royalty Trust (PBT) has announced its upcoming dividend, with an ex-dividend date set for May 30, 2025. The dividend amount is $0.019 per share, payable on Jun 13, 2025, following the announcement on May 19, 2025. This dividend is slightly lower than the average of the last ten dividends, which stands at $0.064 per share. The previous dividend, paid on May 14, 2025, was $0.020 per share, indicating a marginal decrease in the current distribution. This dividend will be distributed as a cash dividend.

Recently, Permian Basin Royalty Trust's stock performance has gained attention. Over the past week, the stock price increased by 1.63%, moving from $11.07 to $11.25 as of May 23, 2025. This rise in stock price reflects positive sentiment among investors, possibly influenced by recent developments within the company. Analysts have noted the trust's strategic focus on its core operations and financial health, which appears to be bolstering investor confidence.

In recent developments, Permian Basin Royalty TrustPBT-- announced its May cash distribution and addressed the excess cost position on its Waddell Ranch properties. This announcement underscores the trust's ongoing efforts to manage operational expenses efficiently. Furthermore, the energy crisis has prompted industry experts to closely monitor Permian Basin Royalty Trust, highlighting its strategic positioning and robust engineering capabilities. These factors have contributed to the heightened interest in the trust's stock and its market performance.

In conclusion, Permian Basin Royalty Trust is preparing for its upcoming dividend distribution, with the ex-dividend date on May 30, 2025. This date marks the last opportunity for investors to purchase shares and receive the dividend, as any acquisitions made after this date will not be eligible for the current payout.

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