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Permian Basin Royalty Trust Message Board

  • ben240z ben240z Apr 11, 2013 12:14 PM Flag

    Dividend to double soon

    I think the May dividend will be double of what it is today. We will find out more next week on whether PBT has completed the last 2 horizontal wells.

    What do you think the stock price will be with a 11-12 cent dividend? I also might be more with the horizontal wells and all the recompletes coming online.

    Sentiment: Strong Buy

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    • It looks like the dividend will indeed be up if they are where we think they are on those two horizontals. 11 to 12 cent dividend will push the stock up. I don't have a clue how much, but it will be headed the right direction. We will soon know.

      Sentiment: Strong Buy

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