Permianville Royalty Trust (NYSE:PVL) Plans $0.02 Monthly Dividend

Permianville Royalty Trust (NYSE:PVL - Get Free Report) announced a monthly dividend on Friday, December 19th. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.023 per share on Thursday, January 15th. This represents a c) annualized dividend and a yield of 15.5%. The ex-dividend date is Wednesday, December 31st.5 best dividend capture stocks Permianville Royalty Trust has decreased its dividend payment by an average of 0.2%per year over the last three years. Permianville Royalty Trust Trading Down 0.8%Permianville Royalty Trust stock opened at $1.79 on Monday. The stock has a 50 day moving average of $1.81 and a two-hundred day moving average of $1.85. Permianville Royalty Trust has a twelve month low of $1.30 and a twelve month high of $2.04. The stock has a market capitalization of $58.91 million, a price-to-earnings ratio of 25.50 and a beta of 0.07. Permianville Royalty Trust (NYSE:PVL - Get Free Report) last released its earnings results on Friday, November 14th. The company reported $0.02 earnings per share (EPS) for the quarter. Permianville Royalty Trust had a return on equity of 5.04% and a net margin of 4.44%.The business had revenue of $11.57 million for the quarter. Wall Street Analyst Weigh InSeparately, Weiss Ratings restated a "hold (c)" rating on shares of Permianville Royalty Trust in a research report on Monday, December 15th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of "Hold".Read Our Latest Stock Analysis on PVLPermianville Royalty Trust Company Profile (Get Free Report)Permianville Royalty Trust is a passive investment vehicle that holds overriding royalty interests in oil and gas properties located primarily in the Permian Basin of West Texas and southeastern New Mexico. Organized as a statutory royalty trust, it provides investors with exposure to production revenues from established hydrocarbon reservoirs without engaging directly in exploration or development activities. The trust's assets consist of net profits interests in wells that produce crude oil, natural gas and natural gas liquids.See AlsoFive stocks we like better than Permianville Royalty TrustDo not delete, read immediatelyHow the Rich RetireINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffHow Long Will $1M Last in Retirement?Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyThis 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