Permian Basin Royalty Trust (NYSE:PBT) to Issue $0.01 Monthly Dividend

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Permian Basin Royalty Trust (NYSE: PBT) has declared a monthly dividend of $0.0107 per share, payable on April 14th to shareholders of record as of March 31st. This dividend provides an annualized yield of about 0.6%. The trust, established in 1980, operates as a passive investment vehicle, holding overriding royalty interests in West Texas oil and gas properties without engaging in exploration or production.

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