Somewhat Critical Media Coverage Likely to Affect Permian Basin Royalty Trust (PBT) Stock Price

News articles about Permian Basin Royalty Trust (NYSE:PBT) have been trending somewhat negative this week, AlphaOne reports. AlphaOne, a subsidiary of Accern, ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Permian Basin Royalty Trust earned a media sentiment score of -0.03 on AlphaOne’s scale. AlphaOne also assigned news coverage about the oil and gas producer an impact score of 80 out of 100, meaning that recent news coverage is likely to have an effect on the company’s share price in the next few days.

The company also recently disclosed a monthly dividend, which was paid on Friday, May 12th. Investors of record on Friday, April 28th were paid a dividend of $0.056 per share. The ex-dividend date was Wednesday, April 26th. This is a boost from Permian Basin Royalty Trust’s previous monthly dividend of $0.05. This represents a $0.67 annualized dividend and a yield of 6.82%. Permian Basin Royalty Trust’s dividend payout ratio (DPR) is 181.26%.

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About Permian Basin Royalty Trust

Permian Basin Royalty Trust is an express trust. The Company’s Waddell Ranch Properties has mineral interests in the Waddell Ranch. Its Waddell Ranch properties have proved reserves in six fields: Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell.

12 Month Chart for NYSE:PBT

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