Permian Basin Royalty Trust
PBTPermian Basin Royalty Trust (PBT) is a royalty trust that owns mineral and royalty interests in oil and natural gas properties located in the Permian Basin in West Texas. The trust primarily earns income from the production and sale of hydrocarbons from these interests, distributing the proceeds to unit holders. It was established to hold and manage these interests, providing investors with exposure to the oil and gas industry without directly participating in exploration or production activities.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| July 15, 2026 | $0.02 | 2026-06-30 | 2026-06-30 |
| June 12, 2026 | $0.02 | 2026-05-29 | 2026-05-29 |
| May 14, 2026 | $0.04 | 2026-04-30 | 2026-04-30 |
| April 14, 2026 | $0.01 | 2026-03-31 | 2026-03-31 |
| March 13, 2026 | $0.01 | 2026-02-27 | 2026-02-27 |
Dividends Summary
- Consistent Payer: Permian Basin Royalty Trust has rewarded shareholders with 256 dividend payments over the past 21 years.
- Total Returned Value: Investors who held PBT shares during this period received a total of $18.67 per share in dividend income.
- Latest Payout: The most recent dividend of $0.02/share was paid 3 days ago, on July 15, 2026.
- Yield & Schedule: PBT currently pays dividends monthly with an annual yield of 1.22%.
- Dividend Growth: Since 2005, the dividend payout has decreased by 74.1%, from $0.10 to $0.02.
Company News
SoftVest, a significant unitholder of Permian Basin Royalty Trust (PBT), and Blackbeard Holdings announced a proposed business combination to create a new NYSE-listed company. The transaction would convert PBT's net profits interests into a cost-free 15% royalty interest, add approximately 66,500 acres of surface estate, and leverage Blackbeard's...
Permian Basin Royalty Trust declared a March cash distribution of $0.010662 per unit, down from the previous month due to lower oil and natural gas volumes at Texas Royalty Properties and lower oil pricing, partially offset by higher natural gas pricing. The Waddell Ranch properties remain in an excess cost position with no proceeds distributed. ...
Permian Basin Royalty Trust declared a January cash distribution of $0.040056 per unit, increased from the previous month due to a second settlement payment from Blackbeard Operating LLC and higher oil volumes at Texas Royalty Properties, offset by lower natural gas volumes. However, the Waddell Ranch properties continue to have an excess cost po...
Permian Basin Royalty Trust (PBT) announced a cash distribution of $0.050711 per unit for September 2024. The distribution was lower than the previous month due to lower proceeds from the Waddell Ranch properties and higher gas and oil volumes and oil prices for the Texas Royalty Properties, partially offset by lower gas prices.
