Looking at the universe of stocks we cover at Dividend Channel, on 8/29/16, Permian Basin Royalty Trust (PBT) will trade ex-dividend, for its monthly dividend of $0.0479, payable on 9/15/16. As a percentage of PBT's recent stock price of $7.00, this dividend works out to approximately 0.68%, so look for shares of Permian Basin Royalty Trust to trade 0.68% lower — all else being equal — when PBT shares open for trading on 8/29/16.

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Below is a dividend history chart for PBT, showing historical dividends prior to the most recent $0.0479 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 8.22% 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 $7.79 as the 52 week high point — that compares with a last trade of $7.00.

In Thursday trading, Permian Basin Royalty Trust shares are currently off about 0.3% on the day.