PBT Stock Recent News

With banking sector fears once again dominating headlines, investors should consider the consistent passive income potential of monthly dividend stocks to buy. Typically, companies that provide passive income do so on a quarterly basis.

Two new Breakout Stocks for Week 9 with better than 10% short-term upside and a Dow 30 Pick. Average cumulative returns for 2023 are +35.8% YTD. This week, the Momentum Gauges® turned negative for the first time in 2023 with an early negative test signal Feb. 3rd warning of deteriorating market conditions.

Energy companies have had a good run in the last couple years, and the Permian Basin Royalty Trust is no exception. The company owns royalties on two properties in the Permian Basin, primarily the Waddell Ranch property.

PBT is thriving this year thanks to the exceptionally favorable business conditions prevailing. PBT is on track to offer a 10-year high total annual distribution this year.