Permianville Royalty Trust Declares Monthly Dividend of $0.03 (NYSE:PVL)

Permianville Royalty Trust (NYSE:PVL - Get Free Report) declared a monthly dividend on Monday, November 17th. Shareholders of record on Friday, November 28th will be given a dividend of 0.029 per share on Monday, December 15th. This represents a c) annualized dividend and a yield of 18.9%. The ex-dividend date is Friday, November 28th.5 best dividend capture stocks Permianville Royalty Trust has decreased its dividend by an average of 0.2%annually over the last three years. Permianville Royalty Trust Price PerformanceNYSE PVL opened at $1.84 on Tuesday. Permianville Royalty Trust has a fifty-two week low of $1.30 and a fifty-two week high of $2.04. The stock's 50-day moving average is $1.84 and its two-hundred day moving average is $1.80. The firm has a market cap of $60.72 million, a P/E ratio of 26.29 and a beta of 0.33. Permianville Royalty Trust (NYSE:PVL - Get Free Report) last posted its quarterly earnings data on Friday, November 14th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $11.57 million during the quarter. Permianville Royalty Trust had a net margin of 4.44% and a return on equity of 4.97%. Permianville Royalty Trust Company Profile (Get Free Report)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.Featured ArticlesFive stocks we like better than Permianville Royalty TrustGrowth Investing: Should You Adopt This Investing Strategy in 2022?Seagate Stock Could Soar as AI Drives Storage DemandWhy Invest in High-Yield Dividend Stocks?Whirlpool’s Worst May Be Over—Upside Opportunity AheadHow to trade using analyst ratingsThese 3 Beaten-Down Stocks Could Be Your Best Buying Opportunity This QuarterThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Permianville Royalty Trust Right Now?Before you consider Permianville Royalty Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Permianville Royalty Trust wasn't on the list.While Permianville Royalty Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here