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Permian Basin Royalty Trust (Permian Basin Royalty Trust) 3-Year Dividend Growth Rate

: 36.70% (As of Dec. 2023)
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Permian Basin Royalty Trust's Dividends per Share for the three months ended in Dec. 2023 was $0.31.

The historical rank and industry rank for Permian Basin Royalty Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

PBT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -33.2   Med: -1.35   Max: 55.8
Current: 36.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Permian Basin Royalty Trust was 55.80% per year. The lowest was -33.20% per year. And the median was -1.35% per year.

PBT's 3-Year Dividend Growth Rate is ranked better than
72.37% of 304 companies
in the Oil & Gas industry
Industry Median: 14.5 vs PBT: 36.70

During the past 12 months, Permian Basin Royalty Trust's average Dividends Per Share Growth Rate was -47.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 36.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Permian Basin Royalty Trust's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.00. As of today, Permian Basin Royalty Trust's Dividend Yield % is 5.22%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Permian Basin Royalty Trust is 1.01, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas Midstream subindustry, Permian Basin Royalty Trust's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Permian Basin Royalty Trust 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Permian Basin Royalty Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Permian Basin Royalty Trust's 3-Year Dividend Growth Rate falls into.



Permian Basin Royalty Trust 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Permian Basin Royalty Trust  (NYSE:PBT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Permian Basin Royalty Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.306/ 0.306
=1.00

During the past 13 years, the highest Dividend Payout Ratio of Permian Basin Royalty Trust was 1.02. The lowest was 0.98. And the median was 1.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Permian Basin Royalty Trust is 1.01, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Permian Basin Royalty Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0412024-03-272024-03-282024-04-12Cash DividendmonthlyUSD:USD 1.000000
USD 0.0452024-02-282024-02-292024-03-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.0312024-01-302024-01-312024-02-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.1062023-12-282023-12-292024-01-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.1572023-11-292023-11-302023-12-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.0432023-10-302023-10-312023-11-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.0222023-09-282023-09-292023-10-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0252023-08-302023-08-312023-09-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0222023-07-282023-07-312023-08-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.0522023-06-292023-06-302023-07-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0442023-05-302023-05-312023-06-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.0272023-04-272023-04-282023-05-12Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Permian Basin Royalty Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.615/11.75
=5.23 %

Current Share Price is $11.75.
Permian Basin Royalty Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.615.

During the past 13 years, the highest Dividend Yield of Permian Basin Royalty Trust was 16.33%. The lowest was 1.27%. And the median was 6.55%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Permian Basin Royalty Trust 3-Year Dividend Growth Rate Related Terms>


Permian Basin Royalty Trust (Permian Basin Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
2911 Turtle Creek Boulevard, Suite 850, Dallas, TX, USA, 75219
Permian Basin Royalty Trust is an express trust. The company's underlying properties include Waddell Ranch Properties in which the trust holds mineral interest as well as royalty interests in mature producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole and others across Texas. The company earns revenue in form of royalties received through its properties.
Executives
Burlington Resources Oil & Gas Co Lp 10 percent owner 717 TEXAS AVENUE, SUITE 2100, HOUSTON TX 77002

Permian Basin Royalty Trust (Permian Basin Royalty Trust) Headlines