Permian Basin Royalty Trust (PBT) Lowers Monthly Dividend 2.3% to $0.10175; 6% Yield
PBT Hot Sheet
Dividend Yield: 6.4%
Permian Basin Royalty Trust (NYSE: PBT) declared a monthly dividend of $0.10175 per share, or $1.221 annualized. This is a 2.3% decrease from the prior dividend of $.104166.
The dividend will be payable on December 14, 2011, to stockholders of record on November 30, 2011, with an ex-dividend date of November 28, 2011.
The annual yield on the dividend is 6 percent.
This month's distribution decreased from the previous month as the result of a temporary interruption of down-line gas transportation on the Waddell Ranch gas plant.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
The dividend will be payable on December 14, 2011, to stockholders of record on November 30, 2011, with an ex-dividend date of November 28, 2011.
The annual yield on the dividend is 6 percent.
This month's distribution decreased from the previous month as the result of a temporary interruption of down-line gas transportation on the Waddell Ranch gas plant.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
You May Also Be Interested In
- UPDATE: CORRECTION: MOCON, Inc. (MOCO) Declares $0.105 Quarterly Dividend; 2.7% Yield
- Permian Basin Royalty Trust Announces May Cash Distribution
- 2012 Economic Outlook - Report Highlights Atlas Energy LP and Permian Basin Royalty Trust
Create E-mail Alert Related Categories
DividendsRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
