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BP Prudhoe Bay Royalty Trust (NYSE:BPT) announced a quarterly dividend on Monday, July 7th, Analyst RN reports. Investors of record on Tuesday, July 15th will be paid a dividend of 3.0326 per share on Sunday, July 20th. This represents a $12.13 annualized dividend and a dividend yield of 12.47%. The ex-dividend date is Friday, July 11th. This is an increase from BP Prudhoe Bay Royalty Trust’s previous quarterly dividend of $3.01.

BP Prudhoe Bay Royalty Trust (NYSE:BPT) traded down 0.94% on Monday, hitting $97.25. 219,365 shares of the company’s stock traded hands. BP Prudhoe Bay Royalty Trust has a 52 week low of $70.50 and a 52 week high of $102.97. The stock’s 50-day moving average is $95.60 and its 200-day moving average is $85.36. The company has a market cap of $2.081 billion and a P/E ratio of 10.61.

BP Prudhoe Bay Royalty Trust (NYSE:BPT) is a grantor trust.

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