Looking at the universe of stocks we cover at Dividend Channel, on 11/29/17, Permian Basin Royalty Trust (PBT - Get Report) will trade ex-dividend, for its monthly dividend of $0.0510, payable on 12/14/17. As a percentage of PBT's recent stock price of $9.19, this dividend works out to approximately 0.56%, so look for shares of Permian Basin Royalty Trust to trade 0.56% lower — all else being equal — when PBT shares open for trading on 11/29/17.

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Below is a dividend history chart for PBT, showing historical dividends prior to the most recent $0.0510 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 6.66% 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 $6.75 per share, with $10.30 as the 52 week high point — that compares with a last trade of $9.19.

In Monday trading, Permian Basin Royalty Trust shares are currently trading flat on the day.