Permianville Royalty Trust ( PVL ) will begin trading ex-dividend on February 27, 2019. A cash dividend payment of $0.027 per share is scheduled to be paid on March 14, 2019. Shareholders who purchased PVL prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 440% increase over the prior dividend payment. At the current stock price of $2.75, the dividend yield is 11.78%.
The previous trading day's last sale of PVL was $2.75, representing a -37.57% decrease from the 52 week high of $4.41 and a 61.76% increase over the 52 week low of $1.70.
PVL is a part of the Energy sector, which includes companies such as Total S.A. ( TOT ) and PetroChina Company Limited ( PTR ). PVL's current earnings per share, an indicator of a company's profitability, is $1.5. Zacks Investment Research reports PVL's forecasted earnings growth in 2018 as -69.12%, compared to an industry average of -26.9%.