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Permian Basin Royalty Trust (NYSE:PBT) declared a aug 14 dividend on Tuesday, August 19th, Analyst Ratings reports. Shareholders of record on Friday, August 29th will be given a dividend of 0.1094 per share on Monday, September 15th.

On the ratings front, analysts at TheStreet upgraded shares of Permian Basin Royalty Trust from a “hold” rating to a “buy” rating in a research note on Thursday, May 22nd.

Shares of Permian Basin Royalty Trust (NYSE:PBT) traded down 0.42% on Tuesday, hitting $14.20. 58,902 shares of the company’s stock traded hands. Permian Basin Royalty Trust has a 1-year low of $12.09 and a 1-year high of $16.27. The stock has a 50-day moving average of $14.09 and a 200-day moving average of $13.64. The company has a market cap of $661.8 million and a P/E ratio of 13.56.

Permian Basin Royalty Trust (NYSE:PBT) is an express trust.

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