Permian Basin Royalty Trust hits $35.52 high as YTD return hits 109.5%

Permian Basin Royalty Trust (PBT) reached a new all-time high of $35.52 per share on September 10, 2026, marking a significant milestone in its stock performance. The share price at the time of the report stood at $35.27, just 1% below its 52-week high, and later live data indicated a closing price of $35.30, reflecting a 1.26% increase (+$0.440). The trust’s year-to-date return exceeded 109.5%, while its one-year performance had grown by 96.3% since the beginning of 2025. This surge follows a streak of 46 consecutive years of dividend payments, underscoring its reliability as a dividend stock. Analysts noted that PBT’s market valuation exceeded its estimated fair value, suggesting potential overvaluation relative to fundamental metrics. The data was sourced from InvestingPro, which also provided 13 additional investment insights on the company.