BP Prudhoe Bay Royalty Trust (BPT) to Issue Quarterly Dividend of $1.00 on January 22nd

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 annualized dividend and a yield of 15.32%. The ex-dividend date is Tuesday, January 15th.

BP Prudhoe Bay Royalty Trust has decreased its dividend 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 BPT stock opened at $26.18 on Monday. The stock has a market cap of $555.54 million, a P/E ratio of 5.67 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 issued its earnings results on Friday, November 9th. The oil and gas company reported $1.41 earnings per share for the quarter. The company had revenue of $30.49 million during the quarter. BP Prudhoe Bay Royalty Trust had a return on equity of 13,824.51% and a net margin of 98.84%.

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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.

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

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