PBT Ex-Dividend Reminder - 3/29/16

Looking at the universe of stocks we cover at Dividend Channel, on 3/29/16, Permian Basin Royalty Trust (PBT) will trade ex-dividend, for its monthly dividend of $0.0130, payable on 4/14/16. As a percentage of PBT's recent stock price of $5.98, this dividend works out to approximately 0.22%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for PBT, showing historical dividends prior to the most recent $0.0130 declared by Permian Basin Royalty Trust:

PBT+Dividend+History+Chart

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 2.62% 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:

Permian Basin Royalty Trust 200 Day Moving Average Chart

Looking at the chart above, PBT's low point in its 52 week range is $4.20 per share, with $9.79 as the 52 week high point — that compares with a last trade of $5.98.

In Monday trading, Permian Basin Royalty Trust shares are currently up about 0.2% on the day.

More from Stocks

Dow Rises for First Time in 9 Days, Oil Soars as OPEC Agrees to Boost Output

Dow Rises for First Time in 9 Days, Oil Soars as OPEC Agrees to Boost Output

GM Defies Trump's Trade Outlook by Building New Chevy Blazer in Mexico

GM Defies Trump's Trade Outlook by Building New Chevy Blazer in Mexico

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Jim Cramer: Okta Is a Very Expensive Stock

Jim Cramer: Okta Is a Very Expensive Stock

Here's Why Tesla's Solar Shakeup Makes Sense

Here's Why Tesla's Solar Shakeup Makes Sense