Permian Basin Royalty Trust (PBT) Ex-Dividend Date Scheduled for March 26, 2013


Permian Basin Royalty Trust ( PBT ) will begin trading ex-dividend on March 26, 2013. A cash dividend payment of $0.058 per share is scheduled to be paid on April 12, 2013. Shareholders who purchased PBT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 61.11% increase over the prior month. At the current stock price of $12.29, the dividend yield is 5.66%.

The previous trading day's last sale of PBT was $12.29, representing a -46.98% decrease from the 52 week high of $23.18 and a 2.85% increase over the 52 week low of $11.95.

PBT is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and TotalFinaElf, S.A. ( TOT ). PBT's current earnings per share, an indicator of a company's profitability, is $1.27. Zacks Investment Research reports PBT's forecasted earnings growth in 2012 as -14.71%, compared to an industry average of -20.2%.

For more information on the declaration, record and payment dates, visit the PBT Dividend History page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: News Headlines , Stocks

Referenced Stocks: PBT , PTR , TOT

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