SmarterDividends
PVL

Permianville Royalty Trust

PVL

Energy · Oil & Gas E&P · Stock · monthly payer

$1.78

Undervalued · +37% Add to Portfolio

Forward Yield

11.85%

Annual Dividend

$0.21

Payout Ratio

101%

5-Yr Growth

2.9%

Ex-Date

Oct 30, 2026

Frequency

Monthly

Key facts about PVL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Permianville Royalty Trust (PVL) has a forward dividend yield of 11.85%, based on an annual dividend of $0.21 per share and a share price of $1.78.
  • As of Oct 27, 2026, PVL's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Permianville Royalty Trust (PVL) has raised its dividend for 2 consecutive years as of Oct 27, 2026.
  • PVL last cut its regular dividend in 2023.
  • PVL's next ex-dividend date is Oct 30, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 27, 2026, PVL pays out 101% of its trailing 12-month earnings as dividends (its payout ratio).
  • PVL's dividend has grown at an average rate of 2.9% a year over the past five years.
  • As of Oct 27, 2026, PVL's 11.85% yield is 20% above its five-year average yield of 9.85%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for PVL is $2.45 per share, 37% above the $1.78 share price, so PVL screens as undervalued.
  • Permianville Royalty Trust (PVL) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "PVL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/PVL

Summary

As of Oct 27, 2026, Permianville Royalty Trust (PVL) yields 11.85% ($0.21 a year per share), has a dividend safety grade of C (50/100) and has 2 consecutive years of dividend increases on record.

Is PVL a good dividend stock?

Mixed

Permianville Royalty Trust (PVL) pays a monthly dividend yielding 11.85% ($0.21/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (101%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    11.85%
    Payout Ratio
    101%
    Annual Dividend
    $0.21
    5-Yr Avg Growth
    2.9%
    Ex-Dividend Date
    Oct 30, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    0.17
    Market Cap
    $58.7M
    P/E Ratio
    9.9
    5-Yr Total Return
    -14%
    52-Week Range
    $1.58 – $2.01
    Dividend Safety
    C · 50/100
    Ever Cut?
    Yes (2023)

    PVL dividend changes

    Permianville Royalty Trust (PVL) pays a variable dividend: across the 149 payments on record since 2011, 59 were higher than the one before and 45 lower. The latest change was up 6.7% to $0.0160 per share, going ex-dividend on Sep 30, 2026.

    Ex-dateChangeOld → newMove
    Sep 30, 2026Higher$0.0150 → $0.0160+6.7%
    Jul 31, 2026Higher$0.0140 → $0.0150+7.1%
    May 29, 2026Higher$0.0100 → $0.0140+40.0%
    Mar 31, 2026Higher$0.0050 → $0.0100+100.0%
    Mar 2, 2026Lower$0.0150 → $0.0050−66.7%
    Jan 30, 2026Lower$0.0230 → $0.0150−34.8%
    Dec 31, 2025Lower$0.0290 → $0.0230−20.7%
    Nov 28, 2025Lower$0.0300 → $0.0290−3.3%
    Oct 31, 2025Higher$0.0230 → $0.0300+30.4%
    Sep 30, 2025Higher$0.0160 → $0.0230+43.7%
    Aug 29, 2025Higher$0.0090 → $0.0160+77.8%
    Mar 31, 2025Lower$0.0110 → $0.0090−18.2%
    Every PVL payment →Download every raise and cut (CSV)
    PVL ex-dividend date & scheduleNext ex-date Oct 30, 2026 · full ex-dividend historyView →PVL dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is PVL a good dividend stock?

    Mixed. Permianville Royalty Trust (PVL) pays a monthly dividend yielding 11.85% ($0.21/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is PVL undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PVL's fair value is about $2.45 versus a $1.78 share price — so it looks undervalued (+37% vs. fair value).

    Is PVL's dividend safe?

    PVL has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

    What is PVL's fair value?

    Our blended fair-value estimate for PVL is about $2.45 per share, roughly 37% above the current $1.78 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is PVL a buy, hold, or sell?

    We don't issue formal ratings, but on the data PVL screens as "mixed" and undervalued. Permianville Royalty Trust (PVL) pays a monthly dividend yielding 11.85% ($0.21/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will PVL cut its dividend?

    PVL earns a dividend-safety grade of C (50/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does PVL pay a dividend?

    Yes. Permianville Royalty Trust pays a monthly dividend of about $0.21 per share annually, a forward yield of roughly 11.85%.

    What is PVL's dividend yield?

    As of Oct 27, 2026, PVL's forward dividend yield is 11.85%, based on a $0.21 annual dividend and a $1.78 share price.

    What is PVL's dividend per share?

    As of Oct 27, 2026, PVL pays $0.21 per share per year, distributed on a monthly basis.

    What is PVL's dividend payout ratio?

    As of Oct 27, 2026, PVL's payout ratio is 101% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has PVL grown its dividend?

    As of Oct 27, 2026, PVL has increased its dividend for 2 consecutive years.

    When is the next PVL ex-dividend date?

    As of Oct 27, 2026, the next ex-dividend date on record for PVL is Oct 30, 2026.

    Income Calculator

    At $0.21 / yr per share

    Per payment (monthly)$1.75
    Annual$21.00
    Monthly avg$1.75

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