PermRock Royalty Trust Dividend
Dividend criteria checks 2/6
PermRock Royalty Trust is a dividend paying company with a current yield of 10.65%.
Key information
10.6%
Dividend yield
100%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.51 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
PermRock Royalty Trust declares $0.0602 dividend
Feb 17PermRock Royalty Trust declares $0.0706 dividend
Jan 20Beware Of The Risk That Comes With The 13.8% Yield Of PermRock Royalty Trust
Jan 13PermRock Royalty Trust declares $0.0807 dividend
Dec 19PermRock Royalty Trust declares $0.0933 dividend
Oct 25PermRock Royalty Trust declares $0.093 dividend
Sep 20PermRock Royalty Trust: Exceptional Yield But High Risk In The Long Run
Sep 07PermRock Royalty Trust (NYSE:PRT) Is Increasing Its Dividend To $0.092
Aug 22
PermRock Royalty Trust declares $0.092 dividend
Aug 19PermRock Royalty Trust cuts dividend by 9% to $0.0907
Jul 19Returns On Capital At PermRock Royalty Trust (NYSE:PRT) Paint A Concerning Picture
Apr 29Earnings Not Telling The Story For PermRock Royalty Trust (NYSE:PRT) After Shares Rise 27%
Feb 03PermRock Royalty Trust (NYSE:PRT) Is Paying Out A Larger Dividend Than Last Year
Jan 24PermRock Royalty Trust's (NYSE:PRT) Upcoming Dividend Will Be Larger Than Last Year's
Dec 23PermRock Royalty Trust: High Distribution Yield But Beware Of The Risks
Sep 29PermRock Royalty Trust (NYSE:PRT) Will Be Hoping To Turn Its Returns On Capital Around
May 18Why It Might Not Make Sense To Buy PermRock Royalty Trust (NYSE:PRT) For Its Upcoming Dividend
Feb 22PermRock Royalty Trust declares $0.0149 dividend
Dec 18Don't Race Out To Buy PermRock Royalty Trust (NYSE:PRT) Just Because It's Going Ex-Dividend
Nov 23
PermRock Royalty Trust declares $0.0204 dividend
Nov 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PRT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PRT has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| PermRock Royalty Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PRT) | 10.6% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Oil and Gas) | 4.0% |
| Analyst forecast in 3 Years (PRT) | n/a |
Notable Dividend: PRT's dividend (10.65%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: PRT's dividend (10.65%) is in the top 25% of dividend payers in the US market (4.88%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100%), PRT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate PRT's cash payout ratio to determine if its dividend payments are covered by cash flows.