Permian Basin Royalty (NYSE:PBT) Stock, Quote.Headers.trade-ideas

Permian Basin Royalty

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 majority revenue in form of royalties received through its properties.

Long Ideas

News

Penny Stocks

Small Cap

Markets

Trading Ideas

USEG

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Top 4 Energy Stocks Which Could Rescue Your Portfolio This Month

Earnings

Eurozone

Commodities

Global

Intraday Update

CMTL

COGT

CRBU

EFOI

FULC

IMPP

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 600 points on Friday.

Mid-Morning Market Update: Markets Open Lower; US Inflation Rate Accelerates to 8.6%

Pre-Market Outlook

Movers

AEMD

ALLR

APLD

ATHX

BGXX

BODY

BORR

BPTS

BURL

CELZ

CLPT

CMRX

CNTX

CTRN

CVET

DECK

DERM

DPSI

DTSS

EBET

ENDP

EQOS

EVEX

EVFM

FHTX

FLGC

FRGE

GOVX

HMLP

IBIO

IMMX

INDP

KRON

LEJU

LITM

MDXH

MGTA

NMTC

NNVC

NURO

OBLG

PANW

PRTG

RDBX

RENT

ROST

SIGA

SKYH

TNXP

TNYA

TOMZ

TXMD

VEDU

XCUR

Gainers


	GeoVax Labs, Inc. (NASDAQ: GOVX) shares surged 90.2% to settle at $1.39 on Friday. GeoVax Labs, last month, said its Q1 sales results were lower year over year.


66 Biggest Movers From Friday

Permian Basin Royalty Trust

PLOVER BAY TECHN LTD by PLOVER BAY TECHNOLOGIES LTD.

Plover Bay Technologies Ltd

POINTSBET HOLDINGS LTD by PointsBet Holdings Limited

Pointsbet Holdings Ltd

Invesco 0-5 Yr US TIPS ETF

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3>San Juan Basin Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sjt#NYSE">SJT</a>)</h3>
<ul>
<li>On Sept. 7, San Juan Basin Royalty Trust reached a settlement agreement with Hilcorp for $1.04 million. The company&rsquo;s stock fell around 24% over the past month and has a <a href="https://www.benzinga.com/quote/SJT">52-week low of $5.30 </a>.</li>
<li>RSI Value: 21.55</li>
<li>SJT Price Action: Shares of San Juan Basin Royalty Trust fell 0.7% to close at $5.46 on Wednesday.</li>
</ul>
<h3>U.S. Energy Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/useg#NASDAQ">USEG</a>)</h3>
<ul>
<li>On Nov. 13, U.S. Energy posted a loss for the third quarter. The company&rsquo;s stock fell around 20% over the past month. It <a href="https://www.benzinga.com/quote/USEG"> has a 52-week low </a> of $0.83.</li>
<li>RSI Value: 25.82</li>
<li>USEG Price Action: Shares of U.S. Energy gained 3.8% to close at $0.9550 on Wednesday.</li>
</ul>
<h3>Drilling Tools International Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dti#NASDAQ">DTI</a>)</h3>
<ul>
<li>On Nov. 13, the company reported a decline in EPS for the third quarter. The company&rsquo;s stock fell around 12% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/DTI"> low of $3.25.</a></li>
<li>RSI Value: 25.72</li>
<li>DTI Price Action: Shares of Drilling Tools International fell 0.9% to close at $3.27 on Wednesday.</li>
</ul>
<h3>Permian Basin Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbt#NYSE">PBT</a>)</h3>
<ul>
<li>The company&rsquo;s shares lost around 22% over the past month. The company&rsquo;s 52-week low is $14.41.</li>
<li>RSI Value: 23.68</li>
<li>PBT Price Action: Shares of Permian Basin Royalty Trust fell 0.5% to close at $14.72 on Wednesday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/23/12/36231450/lennar-gears-up-for-q4-print-heres-a-look-at-recent-price-target-changes-by-the-most-accurate-analy"> Lennar Gears Up For Q4 Print; Here&#39;s A Look At Recent Price Target Changes By The Most Accurate Analysts </a>

Friday marks the last chance for investors to receive the next dividend payout from Permian Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a monthly dividend of 4.29 cents per share. On Monday, Permian Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 4.29 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own PBT as of the end of Friday's session are eligible to receive the 4.29 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on November 14, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Dividends

Permian Basin Royalty: Dividend Insights

Wednesday marks the last chance for investors to receive the next dividend payout from Permian Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>). 
<h3>What's Happening</h3>
The company announced on Tuesday that it would pay shareholders a monthly dividend of 2.24 cents per share. On Thursday, Permian Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 2.24 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own PBT as of the end of Wednesday's session are eligible to receive the 2.24 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on October 16, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/PBT">Monitor live stock price updates for Permian Basin Royalty on Benzinga.</a>

Wednesday Is Your Last Chance To Buy Permian Basin Royalty Before The Dividend Payout

Thursday marks the last chance for investors to receive the next dividend payout from Permian Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a monthly dividend of 2.17 cents per share. On Friday, Permian Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 2.17 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own PBT as of the end of Thursday's session are eligible to receive the 2.17 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on August 14, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/PBT">See current stock movements Permian Basin Royalty on Benzinga.</a>

Wednesday marks the last chance for investors to receive the next dividend payout from Permian Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>). 
<h3>What's Happening</h3>
The company announced on Tuesday that it would pay shareholders a monthly dividend of 2.36 cents per share. On Thursday, Permian Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 2.36 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own PBT as of the end of Wednesday's session are eligible to receive the 2.36 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on April 14, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on Permian Basin Royalty's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Permian Basin Royalty's Ex-Dividend Date Is Thursday, Here's What You Need To Know

Friday marks the last chance for investors to receive the next dividend payout from Permian Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a monthly dividend of 3.68 cents per share. On Monday, Permian Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 3.68 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own PBT as of the end of Friday's session are eligible to receive the 3.68 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on February 14, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on Permian Basin Royalty <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

Friday Is Your Last Chance To Buy Permian Basin Royalty Before The Dividend Payout

WIIM

ACDC

AMPY

CEIX

CSAN

EQNR

GPRK

HNRG

KLXE

LBRT

NINE

PTEN

SBOW

TRGP

TUSK

VNOM

WFRD

WTTR

Shares of oil & gas companies are trading lower as oil prices fall amid macroeconomic uncertainty.

Monday marks the last chance for investors to receive the next dividend payout from Permian Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a monthly dividend of 8.1 cents per share. On Tuesday, Permian Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 8.1 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own PBT as of the end of Monday's session are eligible to receive the 8.1 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on December 14, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Permian Basin Royalty's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

Thursday marks the last chance for investors to receive the next dividend payout from Permian Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a monthly dividend of 20.86 cents per share. On Friday, Permian Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 20.86 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own PBT as of the end of Thursday's session are eligible to receive the 20.86 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on November 15, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on Permian Basin Royalty's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Thursday Is Your Last Chance To Buy Permian Basin Royalty Before The Dividend Payout

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/18/22</td>
<td>$25.00</td>
<td>$31.2K</td>
<td>596</td>
<td>2.7K</td>
</tr>
<tr>
<td>SLB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/18/22</td>
<td>$50.00</td>
<td>$100.6K</td>
<td>10.0K</td>
<td>1.0K</td>
</tr>
<tr>
<td>DVN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/20/23</td>
<td>$70.00</td>
<td>$125.5K</td>
<td>10.4K</td>
<td>799</td>
</tr>
<tr>
<td>HAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/21/22</td>
<td>$30.50</td>
<td>$26.2K</td>
<td>118</td>
<td>571</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/19/23</td>
<td>$100.00</td>
<td>$133.2K</td>
<td>489</td>
<td>412</td>
</tr>
<tr>
<td>PBT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/17/23</td>
<td>$12.50</td>
<td>$48.0K</td>
<td>1.3K</td>
<td>401</td>
</tr>
<tr>
<td>AMPY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/21/23</td>
<td>$10.00</td>
<td>$36.0K</td>
<td>398</td>
<td>210</td>
</tr>
<tr>
<td>MPC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/14/22</td>
<td>$108.00</td>
<td>$50.0K</td>
<td>41</td>
<td>178</td>
</tr>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/20/23</td>
<td>$25.00</td>
<td>$32.4K</td>
<td>10.5K</td>
<td>65</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/20/23</td>
<td>$67.50</td>
<td>$86.7K</td>
<td>5.6K</td>
<td>50</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding BP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>), we observe a put option sweep with bullish sentiment. It expires in 43 day(s) on November 18, 2022. Parties traded 976 contract(s) at a $25.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $31.2K, with a price of $32.0 per contract. There were 596 open contracts at this strike prior to today, and today 2796 contract(s) were bought and sold. 
• For SLB (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>), we notice a call option sweep that happens to be bullish, expiring in 43 day(s) on November 18, 2022. This event was a transfer of 1360 contract(s) at a $50.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $100.6K, with a price of $74.0 per contract. There were 10011 open contracts at this strike prior to today, and today 1033 contract(s) were bought and sold. 
• Regarding DVN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>), we observe a call option trade with bullish sentiment. It expires in 106 day(s) on January 20, 2023. Parties traded 135 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $125.5K, with a price of $930.0 per contract. There were 10479 open contracts at this strike prior to today, and today 799 contract(s) were bought and sold. 
• Regarding HAL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>), we observe a call option trade with bullish sentiment. It expires in 15 day(s) on October 21, 2022. Parties traded 250 contract(s) at a $30.50 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $105.0 per contract. There were 118 open contracts at this strike prior to today, and today 571 contract(s) were bought and sold. 
• Regarding OXY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>), we observe a call option sweep with bullish sentiment. It expires in 225 day(s) on May 19, 2023. Parties traded 370 contract(s) at a $100.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $133.2K, with a price of $360.0 per contract. There were 489 open contracts at this strike prior to today, and today 412 contract(s) were bought and sold. 
• For PBT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>), we notice a call option trade that happens to be bullish, expiring in 162 day(s) on March 17, 2023. This event was a transfer of 80 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $48.0K, with a price of $600.0 per contract. There were 1364 open contracts at this strike prior to today, and today 401 contract(s) were bought and sold. 
• For AMPY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPY#NYSE">AMPY</a>), we notice a call option sweep that happens to be bullish, expiring in 197 day(s) on April 21, 2023. This event was a transfer of 200 contract(s) at a $10.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $36.0K, with a price of $180.0 per contract. There were 398 open contracts at this strike prior to today, and today 210 contract(s) were bought and sold. 
• For MPC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>), we notice a put option trade that happens to be bearish, expiring in 8 day(s) on October 14, 2022. This event was a transfer of 178 contract(s) at a $108.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $281.0 per contract. There were 41 open contracts at this strike prior to today, and today 178 contract(s) were bought and sold. 
• For BTU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>), we notice a call option trade that happens to be neutral, expiring in 106 day(s) on January 20, 2023. This event was a transfer of 47 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $690.0 per contract. There were 10543 open contracts at this strike prior to today, and today 65 contract(s) were bought and sold. 
• For XOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>), we notice a call option trade that happens to be neutral, expiring in 106 day(s) on January 20, 2023. This event was a transfer of 25 contract(s) at a $67.50 strike. The total cost received by the writing party (or parties) was $86.7K, with a price of $3471.0 per contract. There were 5622 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

10 Energy Stocks Whale Activity In Today's Session

Monday marks the last chance for investors to receive the next dividend payout from Permian Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>).
<h3>What&#39;s Happening</h3>
The company announced on Friday that it would pay shareholders a monthly dividend of 19.59 per share. On Tuesday, Permian Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 19.59 lower than it would have opened on any other day.
In order to be eligible to receive a company&#39;s dividend, shareholders must own the stock prior to the ex-dividend date&mdash;in this case, Tuesday. Shareholders who own PBT as of the end of Monday&#39;s session are eligible to receive the 19.59 dividend payout for every share that they own.
According to the company, this dividend will be paid out to shareholders on September 15, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Wednesday marks the last chance for investors to receive the next dividend payout from Permian Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>). 
<h3>What's Happening</h3>
The company announced on Tuesday that it would pay shareholders a monthly dividend of 16.4 per share. On Thursday, Permian Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 16.4 lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own PBT as of the end of Wednesday's session are eligible to receive the 16.4 dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on August 12, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on Permian Basin Royalty's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

MARPS

Shares of energy companies are trading higher amid a rise in oil prices.

&nbsp;
<h3>Losers</h3>
<ul>
<li>Nabors Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NBR#NYSE">NBR</a>) shares decreased by 13.8% to $112.94 during Tuesday&#39;s regular session. Trading volume for Nabors Industries&#39;s stock is 106.0K as of 13:30 EST. This is 53.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.0 billion.</li>
<li>NexTier Oilfield (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEX#NYSE">NEX</a>) shares decreased by 13.38% to $8.2. Trading volume for this security as of 13:30 EST is 2.2 million, which is 60.8% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $1.9 billion.</li>
<li>Patterson-UTI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) shares fell 13.12% to $13.14. As of 13:30 EST, Patterson-UTI Energy&#39;s stock is trading at a volume of 3.4 million, which is 89.6% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $2.8 billion.</li>
<li>RPC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RES#NYSE">RES</a>) shares declined by 12.88% to $6.05. RPC&#39;s stock is trading at a volume of 1.1 million shares as of 13:30 EST. This is 66.7% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $1.3 billion.</li>
<li>ProPetro Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PUMP#NYSE">PUMP</a>) stock decreased by 12.73% to $8.78. ProPetro Holding&#39;s stock is trading at a volume of 865.0K shares as of 13:30 EST. This is 61.6% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $915.2 million.</li>
<li>Permian Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>) stock declined by 12.6% to $14.94. As of 13:30 EST, Permian Basin Royalty&#39;s stock is trading at a volume of 191.8K, which is 64.8% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $696.2 million. See Also: <a href="http://www.benzinga.com/money/best-energy-stocks/" title="www.benzinga.com/money/best-energy-stocks/">www.benzinga.com/money/best-energy-stocks/</a></li>
</ul>
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

PUMP

6 Energy Stocks Moving In Tuesday's Intraday Session

Tuesday marks the last chance for investors to receive the next dividend payout from Permian Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBT#NYSE">PBT</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a monthly dividend of 9.17 cents per share. On Wednesday, Permian Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 9.17 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own PBT as of the end of Tuesday's session are eligible to receive the 9.17 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on July 15, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Permian Basin Royalty's Ex-Dividend Date Is Wednesday, Here's What You Need To Know

ARCH

CIVI

CLMT

ENLC

GPRE

PFHC

ROCC

SHEL

STNG

Shares of several energy companies are trading lower amid a drop in oil prices as investors assess the economic impact of Fed policy tightening. Fed rate hikes could cool down the economy and weigh on oil demand. The sector has also been under pressure after President Biden called on Congress to suspend gas taxes.

AMTX

ARLP

BOOM

DINO

ETRN

EURN

FLNG

GLNG

Shares of several companies in the oil and energy space are trading higher amid a rise in the price of oil.

ALTO

CDEV

CTRA

ESTE

FANG

MNRL

MPLX

MTDR

PDCE

RTLR

TALO

VTNR

Shares of several energy companies are trading lower amid a decline in the price of oil as the Fed's decision to hike rates raises concern of an economic slowdown which may lower demand for energy.

Shares of energy companies are trading higher amid recent strength in oil prices. While concerns of an economic slowdown have weighed on demand outlook, tight supply has continued to lift oil prices higher.

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 600 points on Friday.
Following the market opening Friday, the Dow traded down 1.98% to 31,634.78 while the NASDAQ fell 2.55% to 11,454.21. The S&amp;P also fell, dropping, 2.13% to 3,932.15.
<a href="https://www.benzinga.com/trading-ideas/long-ideas/22/06/27604369/lions-gate-entertainment-and-2-other-stocks-insiders-are-buying">Also check this: Lions Gate Entertainment And 2 Other Stocks Insiders Are Buying </a>

Leading and Lagging Sectors

Energy shares rose by 0.4% on Friday. Meanwhile, top gainers in the <a href='https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/'>sector</a> included Imperial Petroleum Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/impp#NASDAQ">IMPP</a>), up 6% and Permian Basin Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbt#NYSE">PBT</a>) up 6%.

In trading on Friday, information technology shares fell 2.7%.

Top Headline

Annual inflation rate in the US accelerated to 8.6% in May, reaching the highest mark since December 1981. Analysts, however, were expecting a reading of 8.3%.

Equities Trading UP

Cogent Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cogt#NASDAQ">COGT</a>) shares shot up 69% to $8.37 after the company reported initial data from its ongoing Phase 2 APEX clinical trial.

Shares of Energy Focus, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/efoi#NASDAQ">EFOI</a>) got a boost, shooting 16% to $2.66. Energy Focus recently reported a $3.5 million private placement priced at-the-market under Nasdaq rules.

RLX Technology Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rlx#NYSE">RLX</a>) shares were also up, gaining 12% to $2.4280.

Equities Trading DOWN
Fulcrum Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fulc#NASDAQ">FULC</a>) shares tumbled 48% to $4.24 after the company announced clinical proof-of-concept data from the ongoing Phase 1b trial of FTX-6058 for the treatment of sickle cell disease.

Shares of Caribou Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crbu#NASDAQ">CRBU</a>) were down 32% to $5.89 after the company reported additional data from the CB-010 allogeneic CAR-T cell therapy Phase 1 ANTLER trial at the European Hematology Association 2022 Hybrid Congress.

Comtech Telecommunications Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmtl#NASDAQ">CMTL</a>) was down, falling 22% to $9.57 after the company reported worse-than-expected Q3 sales results.

<a href="https://www.benzinga.com/trading-ideas/long-ideas/22/06/27583813/insiders-buy-more-than-3m-of-3-penny-stocks">Also check out: Insiders Buy More Than $3M Of 3 Penny Stocks </a>

Commodities
In commodity news, oil traded up 0.1% to $121.64, while gold traded down 0.3% to $1,846.80.

Silver traded down 1.1% to $21.585 on Friday while copper fell 0.4% to $4.3645.
Euro zone

European shares were lower today. The eurozone&rsquo;s STOXX 600 fell 1.3%, London&rsquo;s FTSE 100 dropped 1.1% while Spain&rsquo;s IBEX 35 Index fell 1.6%. The German DAX dropped 1.6%, French CAC 40 fell 1.4% and Italy&rsquo;s FTSE MIB Index dipped 2.7%.
Italy&rsquo;s industrial production increased 1.6% from a month ago in April following a revised 0.2% increase a month ago. Annual inflation rate in Spain accelerated to 8.7% in May from 8.3% in April

Economics

Annual inflation rate in the US accelerated to 8.6% in May, reaching the highest mark since December 1981. Analysts, however, were expecting a reading of 8.3%.

The University of Michigan&#39;s consumer sentiment index fell to 50.2 in June from 58.1 in the previous month.

The Baker Hughes North American rig count report for the latest week will be released at 1:00 p.m. ET.

The U.S. Treasury budget report for May is scheduled for release at 2:00 p.m. ET.
<a href="https://www.benzinga.com/news/22/06/27623499/pfizer-and-3-other-stocks-insiders-are-selling">Check out this: Pfizer And 3 Other Stocks Insiders Are Selling </a>

COVID-19 Update
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 87,114,740 cases with around 1,035,320 deaths. India confirmed a total of at least 43,207,260 cases and 524,740 deaths, while Brazil reported over 31,360,850 COVID-19 cases with 667,840 deaths. In total, there were at least 539,281,010 cases of COVID-19 worldwide with more than 6,328,520 deaths.

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Investors who apply the <a href="https://www.investopedia.com/ask/answers/what-is-a-drip/#:~:text=The%20word%20DRIP%20is%20an,company%20grow%20little%20by%20little.">DRIP method</a> to monthly <a href="https://investorplace.com/stock-types/dividend-stocks/">dividend stocks</a> create a win-win situation that can rapidly grow one&rsquo;s capital. DRIP is simply an acronym standing for dividend reinvestment plan. 



Those using the plan reinvest the dividends received to purchase additional shares of the stock. The result is a sort of virtuous cycle in which more and more shares can be accumulated. The plan works for dividends paid on any schedule but is particularly efficacious for monthly stocks given the additional reinvestment periods.



Continual reinvestment on an accelerated monthly schedule creates a snowball effect over time that most investors can appreciate. That simple truth has made and will continue to make the DRIP method an attractive investment strategy.



<h2>Realty Income (O)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/realty1600-300x169.jpg" alt="realty income logo highlighted by a magnifying glass on a web browser"><div>Source: Shutterstock</div></div>Realty Income (NYSE:<a href="https://investorplace.com/stock-quotes/o-stock-quote/">O</a>) deserves consideration in any dividend portfolio and is particularly strong as a monthly dividend stock. The company is structured as a real estate investment trust (<a href="https://investorplace.com/stock-quotes/reit-stock-quote/">REIT</a>) and has a long record of increasing its monthly payout.



In fact, Realty Income has not <a href="https://www.gurufocus.com/stock/O/dividend">reduced its dividend payment</a> dating back to 1999. The company just instated its 106th consecutive quarterly dividend increase. Investors receive a monthly dividend almost guaranteed to increase every fourth month.



One thing investors should note when assessing realty income is the <a href="https://www.investopedia.com/investing/how-to-assess-real-estate-investment-trust-reit/">necessity of understanding funds from operations</a> (FFO) and earnings as it relates to REIT dividends. FFO is a far more accurate metric by which to gauge the health of a REIT and its dividend. That&rsquo;s important for our discussion here because while Realty Income&rsquo;s earnings declined in the most recent period, its FFO continues to grow. Furthermore, Realty Income is a stable commercial real estate firm overall. The company signs triple net leases that are safe for the firm and tend to have very long lease periods. 



<h2>Agree Realty (ADC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1392565235-300x169.png" alt="Agree Realty Corporation (ADC) logo visible on display screen."><div>Source: Pavel Kapysh / Shutterstock.com</div></div>Agree Realty (NYSE:<a href="https://investorplace.com/stock-quotes/adc-stock-quote/">ADC</a>) is another monthly dividend REIT stock worth exploring. Like Realty Income, Agree Realty operates in the retail space. Its portfolio includes more than 2,100 properties across 49 states totaling in excess of 44 million square feet of leasable area.



Investors should pay particular attention to the aforementioned FFO metric, discussed above. Both <a href="https://investors.agreerealty.com/2024-04-23-Agree-Realty-Corporation-Reports-First-Quarter-2024-Results">core and adjusted FFO</a> continue to rise at the firm. That suggests Agree Realty is a healthy firm in relation to its dividend. Evidence of that notion is provided in the fact that its dividend was <a href="https://www.gurufocus.com/stock/ADC/dividend">last reduced in 2011.</a> 



Agree Realty reported a particularly strong core FFO, rising by 15%. That allowed the firm to confidently increase its dividend by 2.9%. The company has no debt maturities until 2028 and anticipates $600 million in acquisitions during the year. The company&rsquo;s most recent earnings report should give investors reason to believe those acquisitions will prove productive.



<h2>Gladstone Land (LAND)</h2>



<a href="https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1737529889-scaled-e1669055028873.jpg"><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1737529889-scaled-e1669055028873-300x169.jpg" alt="a photo of vast farmland"></a>Gladstone Land (NASDAQ:<a href="https://investorplace.com/stock-quotes/land-stock-quote/">LAND</a>) is a company that buys, leases and sells farmland properties. The company pays a monthly stock to investors, which is why it finds itself on this list. Investors who buy the stock receive an additional 4.2% in current yields, increasing the value of their investment. 



Those dividends, reinvested on a monthly basis, have the potential to produce much larger returns over time.



Anyway, let&rsquo;s look at Gladstone Land taking its fundamentals into account. Firstly, I&rsquo;ll know it is riskier than either of the two firms discussed above. <a href="https://www.gladstonefarms.com/investors/news-events/press-releases/detail/330/gladstone-land-announces-first-quarter-2024-results">Adjusted funds from operations fell to 14 cents </a>per share from 17 cents a year earlier. While that isn&rsquo;t particularly bad, the downward trend is not preferable.



The REIT currently owns 168 farms spanning 112,000 acres across 15 states. The company also owns substantial water assets in California. The firm&rsquo;s debt is non-variable. While that is positive the company continues to face issues in the high-rate environment.



<h2>STAG Industrial (STAG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/REIT1600-300x169.jpg" alt="a businessperson holds an imaginary blueprint of a house"><div>Source: Shutterstock</div></div>STAG Industrial (NYSE:<a href="https://investorplace.com/stock-quotes/stag-stock-quote/">STAG</a>) currently provides investors with 4.2% as dividends paid on a monthly basis. Again, investors who apply the DRIP method to those dividends should be able to build a portfolio with more and more shares.



As you may have guessed from the name of the company it is an industrial REIT. Its portfolio encompasses 570 buildings across 41 states, 493 of which are in the warehouse/distribution space.



The company is doing well from a fundamental perspective, making it an attractive investment. While net income fell slightly the firm&rsquo;s funds from operations grew. <a href="https://www.stagindustrial.com/wp-content/uploads/2024/04/Q1-2024-Earnings-Release-FINAL-4.30.2024-vF.pdf">Core FFO increased</a> by 7.3% during the first quarter.



REIT investors need to understand dividend payout ratios. Although dividend payout ratios are important when analyzing other dividend stocks, they don&rsquo;t apply to REITs. Instead, REIT investors must rely on FFO when judging the health of a REIT dividend. STAG Industrial continues to thrive in that regard as its FFO is growing. However, if an investor were to look at its <a href="https://www.gurufocus.com/stock/STAG/dividend">payout ratio of 1.73</a> they would assume the firm cannot continue to pay dividends as the rate is 73% above earnings. Instead, STAG Industrial&rsquo;s dividend is strong and was last reduced in 2011. 



<h2>Main Street Capital (MAIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/reits1600c-300x169.jpg" alt="tiny house figures atop letter blocks spelling out REIT, representing reits to buy. stock predictions. best REITs"><div>Source: Shutterstock</div></div>Main Street Capital (NYSE:<a href="https://investorplace.com/stock-quotes/main-stock-quote/">MAIN</a>) is the first company on this list to deviate from the REIT model. The firm is a business development company and provides capital to lower-middle market firms. 



It specializes in recapitalization, meaning it invests in the private debt of those firms. The company also provides debt to such firms for buyouts and acquisitions. 



Main Street Capital is not a REIT, meaning that payout ratios are particularly applicable when analyzing its dividend. Fortunately, its current payout ratio sits at 0.61, well within the healthy range. 



The company just increased its dividend by 6.5%, leading to an <a href="https://www.mainstcapital.com/investors/news-events/press-releases/detail/2681/main-street-announces-third-quarter-2024-regular-monthly">annualized yield of 8.1% overall.</a> The company will also pay a supplemental dividend of 30 cents in June. Investors have a lot of opportunities to apply the DRIP method to Main Street Capital and its stock, should they invest. The company last <a href="https://www.gurufocus.com/stock/MAIN/dividend">reduced its dividend a decade ago</a> and appears very strong presently.



<h2>Global Water Resources (GWRS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/03/water_3_1600-300x169.jpg" alt="A zoomed in photo of a drop of water hitting a container of water's surface."><div>Source: Sambulov Yevgeniy/ShutterStock.com</div></div>Global Water Resources (NASDAQ:<a href="https://investorplace.com/stock-quotes/gwrs-stock-quote/">GWRS</a>) is a regulated water utility stock representing a company serving the Phoenix metropolitan area. The company provides water to 82,000 people across 32,000 homes in the area.



Global Water Resources is an interesting investment, of course from the perspective of its application to the drip method. It&rsquo;s also interesting because water is a worthwhile resource to investigate at the moment. That&rsquo;s especially true in the western United States, where it is becoming increasingly valuable. However, I&rsquo;d also like to note that Global Water Resources is somewhat risky based on traditional metrics. In particular, its payout ratio is <a href="https://www.gurufocus.com/stock/GWRS/dividend">nearly 100% at the moment.</a> 



Yet, <a href="https://www.globenewswire.com/news-release/2024/05/08/2878382/0/en/Global-Water-Resources-Reports-First-Quarter-2024-Results.html">revenues increased by 11.6%</a> during the most recent quarter. The demand remains strong despite other fundamental concerns surrounding the stock.



GWRS is a good investment for those seeking monthly dividends from utilities firms. However, I&rsquo;d consider any of the firms listed above before it for the purposes of monthly DRIP dividend investing.



<h2>Permian Basin Royalty Trust (PBT)</h2>



<a href="https://investorplace.com/wp-content/uploads/2018/06/pbtmsn.jpg"><img width="300" height="165" src="https://investorplace.com/wp-content/uploads/2018/06/pbtmsn-300x165.jpg" alt=""></a>Permian Basin Royalty Trust (NYSE:<a href="https://investorplace.com/stock-quotes/pbt-stock-quote/">PBT</a>) is one of the most interesting monthly dividend stocks given the assets it controls. The company holds rights over the royalty interests to some of the most productive oil fields on Earth.



The Permian Basin sits above some of the largest proven oil reserves on Earth, where the company holds its interests. That&rsquo;s particularly important at the moment, as geopolitical tensions increase their potential value. That notion is evidenced by a press release from the <a href="https://www.prnewswire.com/news-releases/permian-basin-royalty-trust-announces-april-cash-distribution-302121813.html">company dated April 19</a> showing increased distributions.



The company&rsquo;s claims span 51,000 acres throughout Texas representing 125 separate claims. It&rsquo;ll be very interesting to see the fate of the Permian Basin Royalty Trust throughout 2024. Many pundits expect share prices could rise, given geopolitical turmoil. Regardless, it remains a good choice for oil investors seeking a monthly dividend payout rather than a quarterly distribution. Again, that distribution, reinvested on a monthly basis will lead to a compounding effect over the long term. That&rsquo;s the beauty of the DRIP method, particularly when applied to monthly stocks.



On the date of publication, Alex Sirois did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a>
<div>Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
The post <a href="https://investorplace.com/2024/05/monthly-payout-marvels-7-drip-ready-stocks-for-steady-cash-flow/">Monthly Payout Marvels: 7 DRIP-Ready Stocks for Steady Cash Flow</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Monthly Payout Marvels: 7 DRIP-Ready Stocks for Steady Cash Flow

Permian Basin Royalty Trust declares $0.2005 dividend

Permian Basin Royalty Trust declares $0.0727 dividend

This week, several dividend stocks are trading close to their 52-week lows. Here is a list of ten such stocks that are also reaching their ex-divid...

Ex-Dividend Date Nearing for These 10 Stocks – Week of June 24, 2024

Permian Basin Royalty Trust declares $0.0701 dividend

Ex-Dividend Date Nearing for These 10 Stocks – Week of July 28, 2024

Ex-Dividend Date Nearing for These 10 Stocks – Week of July 29, 2024

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Any investor who is looking for a stable source of income would be wise to consider monthly <a href="https://investorplace.com/stock-types/dividend-stocks/">dividend stocks</a>.



 Unlike traditional dividend stocks that pay out quarterly or annually, monthly dividend stocks provide a consistent and predictable income stream 12 times a year. 



That makes them attractive for retirees, income-focused investors, and anyone who wants to reinvest their dividends for compounded growth.



Monthly dividend stocks are particularly attractive because of their steady cash flow. Dividend payments align with regular household expenses, making them useful for meeting ongoing costs.



It&rsquo;s much easier to manage your finances when you know you have roughly the same income coming in every month, rather than getting a dividend payment on a quarterly basis.



But you don&rsquo;t have to be a retiree to enjoy the benefits of monthly dividend stocks. These names are also ideal for people who want to accelerate the beauty of compounded growth. 



Because you&rsquo;re getting your payment 12 times a year instead of four times a year, you can invest your dividend faster and get your money working for you immediately.



I&rsquo;m using the Portfolio Grader and the Dividend Grader to choose the best monthly dividend stocks on the market. 



These tools evaluate stocks based on their dividend payout, as well as earnings performance, growth and analyst sentiment. Even stocks that have an overall lower grade in the Portfolio Grader can make a strong monthly dividend stock, as you&rsquo;ll see.



If you&rsquo;re an investor who is looking for both income and growth potential, then these monthly dividend stocks are for you.



<h2>Main Street Capital (MAIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/06/main-street-capital-1600-300x169.jpg" alt="The logo for Main Street Capital Corp (MAIN) is displayed on a smartphone in front of a stock chart."><div>Source: Piotr Swat / Shutterstock</div></div>Main Street Capital (NYSE:<a href="https://investorplace.com/stock-quotes/main-stock-quote/">MAIN</a>) is a business development company, or BDC. These types of companies are like real estate investment trusts, in that they have a tax structure that requires the BDC to distribute at least 90% of their income to investors.



BDCs invest in private companies, with Main Street having a focus on lower and middle market firms. In the second quarter alone, Main Street originated new or increased commitments of $375.9 million. As of June 30, the private equity firm&rsquo;s loan portfolio included total investments of $1.8 billion across 92 unique borrowers.



Main Street won&rsquo;t issue its second-quarter financial report until Aug. 8, but <a href="https://www.mainstcapital.com/investors/news-events/press-releases/detail/2689/main-street-announces-preliminary-estimate-of-second">preliminary results look solid</a>. The company said its net investment income will be $1 to $1.02 per share, while distributable net investment income will be $1.06 to $1.08 per share. Main Street increased its dividend payments in the quarter by 13% from a year ago.



Main Street pays a dividend yield of 8% and gets a &ldquo;B&rdquo; rating in the Dividend Grader and an &ldquo;A&rdquo; rating in the Portfolio Grader.



<h2>PennantPark Floating Rate Capital (PFLT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/dividend-stocks-to-buy-300x169.jpg" alt='dividend stocks: A calculator projecting the word "DIVIDEND" rests on a pile of gold and silver coins.'><div>Source: Shutterstock</div></div>Another BDC on the list is PennantPark Floating Rate Capital (NYSE:<a href="https://investorplace.com/stock-quotes/pflt-stock-quote/">PFLT</a>), which invests in middle-market companies with first-lien debt. 



It&rsquo;s always important to know what a BDC is investing in because, unfortunately, sometimes companies fail and can&rsquo;t repay their loans. But first-lien debt is a pretty safe investment because those types of debts are guaranteed with collateral.



PennantPark also has some floating rate senior secured loans on its books, second lien secured debt and subordinated debt. The Miami-based BDC is currently managing approximately&nbsp;$7.7 billion&nbsp;of investable capital.



Earnings for the second quarter of fiscal 2024, (<a href="https://pflt.pennantpark.com/news-releases/news-release-details/pennantpark-floating-rate-capital-ltd-announces-financial-46">ending March 31</a>), included $19.1 million in investment income and 31 cents per share in dividend payments, compared to a year ago when it had $13.7 million in investment income and paid out 28.5 cents per share in dividends.



PFLT provides a strong monthly dividend payout of 10.9%. It gets a &ldquo;C&rdquo; rating in the Portfolio Grader, but a &ldquo;B&rdquo; rating in the Dividend Grader.



<h2>Permian Basin Royalty Trust (PBT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/dividend-stocks-bag-plants-1600-300x169.jpg" alt="Graphic of man relaxing in chair with giant dividend bag behind him and money plants in pots in front of him"><div>Source: shutterstock.com/Katakari</div></div>If you&rsquo;ve even dabbled in oil or gas stocks, you&rsquo;re likely familiar with the Permian Basin &ndash; a massive oil reserve that spans from western Texas to southeast New Mexico.



For 100 years, oil drillers have been working the Permian Basin and so far have removed 30 billion barrels of oil. But there&rsquo;s still plenty left, with experts calculating that the reserve still has another 20 billion barrels left to withdraw.



That brings us to the Permian Basin Royalty Trust (NYSE:<a href="https://investorplace.com/stock-quotes/pbt-stock-quote/">PBT</a>). Royalty trusts own the rights to assets such as mineral rights or oil reserves. Companies that want to drill or mine the land pay royalties to the landowner, who then distributes the payments to investors.



Because the distributions aren&rsquo;t considered to be taxable events, the monthly dividend yields are high, which makes royalty trusts a good pick for a monthly dividend stock. 



The trust&rsquo;s principal assets are a 75% net overriding royalty interest carved out by Southland Royalty Company from its fee mineral interest in the Waddell Ranch properties in Crane County, Texas, as well as a 95% net overriding royalty interest from Southland&rsquo;s major producing royalty properties in Texas.



Royalty income in the first quarter was $6 million, versus $5.2 million in the same period a year ago. Distributable income per unit was 12 cents per unit, an increase from 10 cents per unit in the first quarter of 2023.



PBT stock offers a dividend yield of 6%. That gives it a &ldquo;D&rdquo; rating in the Portfolio Grader, but an &ldquo;A&rdquo; rating in the Dividend Grader.



<h2>Apple Hospitality REIT (APLE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/dividend-stocks1600-300x169.png" alt="Two hand giving heap of coins money with up arrow and percentage symbol for financial banking increase interest rate or mortgage investment dividend from business growth concept. Dividend stocks"><div>Source: Dilok Klaisataporn / Shutterstock.com</div></div>Real estate investment trusts are always going to be an ideal choice for a dividend stock. REITs invest in various forms of real estate, and often are focused on a specific type of real estate, such as health care, residential or commercial property.



The Apple Hospitality REIT (NYSE:<a href="https://investorplace.com/stock-quotes/aple-stock-quote/">APLE</a>) is a Virginia-based company that invests in upscale hotel properties in the U.S. IT has a portfolio 224 hotels and 30,000 guest rooms throughout 37 states and the District of Columbia. 



The company&rsquo;s investments include 100 hotels branded by&nbsp;Marriott&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/mar-stock-quote/">MAR</a>), 120&nbsp;Hilton&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/hlt-stock-quote/">HLT</a>) hotels and five hotels branded by Hyatt (NYSE:<a href="https://investorplace.com/stock-quotes/h-stock-quote/">H</a>). Its <a href="https://ir.applehospitalityreit.com/News/news-details/2024/Apple-Hospitality-REIT-Acquires-the-Embassy-Suites-by-Hilton-Madison-Downtown/default.aspx">most recent investment</a> is an Embassy Suites by Hilton property in Madison, Wisconsin, that it purchased in June for $79.5 million.



<a href="https://ir.applehospitalityreit.com/News/news-details/2024/Apple-Hospitality-REIT-Reports-Results-of-Operations-for-First-Quarter-2024/default.aspx">Earnings in the first quarter</a> included net income of $54 million, up 64.2% from a year ago. Income per share came in at 22 cents, up from 14 cents in the first quarter of 2023.



APLE pays a monthly dividend yield of 6.3%, giving it a &ldquo;C&rdquo; rating in the Portfolio Grader and a &ldquo;B&rdquo; rating in the Dividend Grader.



<h2>Cross Timbers Royalty Trust (CRT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/dividends-letters-300x169.jpg" alt="dividend stocks"><div>Source: Shutterstock</div></div>Cross Timbers Royalty Trust (NYSE:<a href="https://investorplace.com/stock-quotes/crt-stock-quote/">CRT</a>) is a gas and oil royalty trust. It was formed in 1991 to convey royalties from&nbsp;XTO Energy&rsquo;s&nbsp;ownership of gas properties in the San Juan Basin of New Mexico and oil interests in Texas and Oklahoma.



Cross Timbers has a 90% profit interest in XTO&rsquo;s properties in Texas, Oklahoma and New Mexico, but most net profits income is from long-active gas properties in the San Juan Basin of northwestern New Mexico. There are no production or development costs, so the payout is primarily affected by sales volume and prices.



Cross Timbers also has a 75% profit interest in XTO&rsquo;s working interests in seven large, predominantly oil-producing properties in Texas and Oklahoma. However, those profits are impacted by production and development costs.



Income in the <a href="https://crt-crosstimbers.com/wp-content/uploads/2024/06/CRT-1Q_2024-Reportfor-Website.pdf">first quarter of 2024</a> was $1.85 million, but that was down from $3.92 million in the same quarter a year ago. Income per unit was 24.8 cents per unit, down from 60.6 cents in the same period a year ago. Cross Timbers says profits were affected by decreased gas production, lower gas and oil prices and increased development costs.



CRT currently pays a dividend yield of 11.3% and gets a &ldquo;D&rdquo; rating in the Portfolio Grader and a &ldquo;B&rdquo; rating in the Dividend Grader.



<h2>Gladstone Capital (GLAD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/07/gladstone-capital-1600-300x169.jpg" alt=""><div>Source: MacroEcon / Shutterstock.com</div></div>Gladstone Capital (NYSE:<a href="https://investorplace.com/stock-quotes/glad-stock-quote/">GLAD</a>) is a business development company that specializes in farmland. The Virginia-based company invests in loans to lower-middle market businesses, having made more than 260 deals since its inception in 2001.



The company currently invests in a variety of companies, including aerospace firms, telecommunications, health care, manufacturers, real estate, food services and automotive companies.



Earnings for the <a href="https://www.gladstonecapital.com/investors/news-events/press-releases/detail/358/gladstone-capital-corporation-reports-financial-results-for">second quarter of fiscal 2024</a> (ending March 31) included $23.99 million in investment income, up 3.3% from a year ago. Net investment income of $10.77 million was down 9.7% from a year ago, and cash distributions fell from 27 cents per share to 25 cents per share.



The company also executed a 1-for-2 reverse stock split in April.



GLAD stock has a dividend payout ratio of 8.3%, and gets &ldquo;B&rdquo; ratings in both the Portfolio Grader and the Dividend Grader.



<h2>Stellus Capital Investment Corp. (SCM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/dividend-stocks1600-1-300x169.png" alt="interest rates and dividends, investment returns, income, retirement Compensation fund, investment, dividend tax. pile of coins and upward direction percentage symbol. saving money for investment. Dividend stocks"><div>Source: Suri_Studio / Shutterstock.com</div></div>Stellus Capital Investment Corp. (NYSE:<a href="https://investorplace.com/stock-quotes/scm-stock-quote/">SCM</a>) is a private equity firm that focuses on private middle-market companies, which it describes as those with between $5 million and $50 million of earnings before taxes, depreciation and amortization.



The company currently has 94 active investments with $2.9 million in assets under management. Its portfolio of active investments includes firms that are in the aerospace, business services, and capital equipment fields.



Earnings in the first quarter were $10.24 million and 42 cents per share, up from $9.07 million and 46 cents per share a year ago.



Stellus offers a monthly dividend yield of 11.1%, giving it a &ldquo;C&rdquo; rating in the Portfolio Grader and a &ldquo;B&rdquo; rating in the Dividend Grader.



On the date of publication, neither Louis&nbsp;Navellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://url.us.m.mimecastprotect.com/s/AAadCPNlWWs3yKYns0yRM6?domain=investorplace.com/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) and positions in the securities mentioned in this article.
<h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>
The post <a href="https://investorplace.com/market360/2024/08/7-monthly-dividend-stocks-to-buy-in-august/">7 Monthly Dividend Stocks to Buy in August</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 Monthly Dividend Stocks to Buy in August

Permian Basin Royalty Trust declares $0.0519 dividend

Avoiding Permian Basin Royalty Trust Until Litigation With Blackbeard Is Resolved

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Permian Basin Royalty

Permian Basin Royalty (PBT) Forecast

Permian Basin Royalty (NYSE:PBT) Stock, Quote.Headers.trade-ideas