DividendApr 20, 2026, 11:36 AM
Permian Basin Royalty Trust Declares $0.038/Unit Distribution
AI Summary
Permian Basin Royalty Trust announced a cash distribution of $0.038014 per unit, payable on May 14, 2026, to unitholders of record on April 30, 2026. The trust also noted that production costs exceeded gross proceeds for the Waddell Ranch properties in March, resulting in a continuing excess cost position for those assets.
Key Highlights
- Permian Basin Royalty Trust declares $0.038014 per unit cash distribution.
- Distribution payable on May 14, 2026.
- Record date for distribution is April 30, 2026.
- Waddell Ranch properties had excess production costs in March.
Price Impact
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