Permianville Royalty Trust to Issue Dividend of $0.01 (NYSE:PVL)

Permianville Royalty Trust (NYSE:PVL - Get Free Report) announced a dividend on Monday, March 17th, NASDAQ Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.0085 per share on Monday, April 14th. The ex-dividend date of this dividend is Monday, March 31st.

Permianville Royalty Trust Trading Down 0.3 %

PVL stock traded down $0.01 during trading on Friday, hitting $1.56. The company had a trading volume of 24,486 shares, compared to its average volume of 78,764. The company has a fifty day moving average price of $1.48 and a two-hundred day moving average price of $1.52. Permianville Royalty Trust has a fifty-two week low of $1.03 and a fifty-two week high of $1.96. The company has a market cap of $51.32 million, a P/E ratio of 7.41 and a beta of 0.89.

Permianville Royalty Trust (NYSE:PVL - Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported $0.04 earnings per share for the quarter. The firm had revenue of $14.27 million for the quarter. Permianville Royalty Trust had a return on equity of 13.73% and a net margin of 12.60%.

About Permianville Royalty Trust

Permianville Royalty Trust operates as a statutory trust. It is involved in the acquisition and holding of net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico.