Looking at the universe of stocks we cover at Dividend Channel, on 10/29/13, Permian Basin Royalty Trust (PBT) will trade ex-dividend, for its monthly dividend of $0.0995, payable on 11/15/13. As a percentage of PBT's recent stock price of $15.78, this dividend works out to approximately 0.63%, so look for shares of Permian Basin Royalty Trust to trade 0.63% lower — all else being equal — when PBT shares open for trading on 10/29/13.Below is a dividend history chart for PBT, showing historical dividends prior to the most recent $0.0995 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 7.57% 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 $11.95 per share, with $16.27 as the 52 week high point — that compares with a last trade of $15.78. In Friday trading, Permian Basin Royalty Trust shares are currently down about 0.2% on the day.
Get the Investing Edge.
Join Jim Cramer's Members-Only Investing Club
Become an Action Alerts PLUS member to learn from the pros how to invest wisely and build a customized portolio of blue chip stocks.
Uncover New Investment Opportunities With Our Team of Experts
Jim Cramer and his army of Wall Street pros serve up new trading ideas and in-depth market analysis every day.
More from Stocks
Trading Strategies: A Deep Dive Into FAANG Earnings
Now that all of the major companies have reported earnings, here's an earnings report card for FAANG.
'Be Ready to Rotate Back Into Soft Goods Stocks,' Warns Jim Cramer
Jim Cramer gives his advice to investors looking to invest in consumer products.