BP Prudhoe Bay Royalty Trust (BPT) Plans Quarterly Dividend of $1.00

BP Prudhoe Bay Royalty Trust (NYSE:BPT) announced a quarterly dividend on Friday, January 4th, Zacks reports. Investors of record on Wednesday, January 16th will be paid a dividend of 1.003 per share by the oil and gas company on Tuesday, January 22nd. This represents a $4.01 dividend on an annualized basis and a dividend yield of 15.45%. The ex-dividend date is Tuesday, January 15th.

BP Prudhoe Bay Royalty Trust has decreased its dividend payment by an average of 3.4% annually over the last three years and has raised its dividend annually for the last 2 consecutive years.

Shares of NYSE BPT opened at $25.96 on Thursday. The firm has a market cap of $492.63 million, a P/E ratio of 5.03 and a beta of -0.20. BP Prudhoe Bay Royalty Trust has a 1-year low of $17.00 and a 1-year high of $37.23.

BP Prudhoe Bay Royalty Trust (NYSE:BPT) last released its earnings results on Friday, November 9th. The oil and gas company reported $1.41 earnings per share for the quarter. The business had revenue of $30.49 million during the quarter. BP Prudhoe Bay Royalty Trust had a net margin of 98.84% and a return on equity of 13,824.51%.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by WKRB News and is the sole property of of WKRB News. If you are reading this news story on another publication, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this news story can be viewed at https://www.wkrb13.com/2019/01/10/bp-prudhoe-bay-royalty-trust-bpt-plans-quarterly-dividend-of-1-00.html.

BP Prudhoe Bay Royalty Trust Company Profile

BP Prudhoe Bay Royalty Trust engages in owning and administering the royalty interest. The company was founded on February 28, 1989 and is headquartered in Houston, TX.

Featured Article: Net Income

Dividend History for BP Prudhoe Bay Royalty Trust (NYSE:BPT)

Receive News & Ratings for BP Prudhoe Bay Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP Prudhoe Bay Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply