Looking at the universe of stocks we cover at Dividend Channel, on 3/27/14, Permian Basin Royalty Trust (PBT) will trade ex-dividend, for its monthly dividend of $0.1085, payable on 4/14/14. As a percentage of PBT's recent stock price of $13.28, this dividend works out to approximately 0.82%, so look for shares of Permian Basin Royalty Trust to trade 0.82% lower — all else being equal — when PBT shares open for trading on 3/27/14.
Below is a dividend history chart for PBT, showing historical dividends prior to the most recent $0.1085 declared by Permian Basin Royalty Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PBT is likely to continue, and whether the current estimated yield of 9.81% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PBT shares, versus its 200 day moving average:Looking at the chart above, PBT's low point in its 52 week range is $12.09 per share, with $16.27 as the 52 week high point — that compares with a last trade of $13.27.
In Tuesday trading, Permian Basin Royalty Trust shares are currently up about 0.3% on the day.