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Permian Basin Royalty Trust ( NYSE:PBT – Get Free Report ) announced a monthly dividend on Friday, December 20th, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.0219 per share by the oil and gas producer on Wednesday, January 15th. This represents a $0.26 annualized dividend and a dividend yield of 2.51%. The ex-dividend date of this dividend is Tuesday, December 31st. This is a positive change from Permian Basin Royalty Trust’s previous monthly dividend of $0.02. Permian Basin Royalty Trust has raised its dividend by an average of 36.7% annually over the last three years. Permian Basin Royalty Trust Stock Down 0.8 % PBT stock opened at $10.49 on Friday. The company’s fifty day simple moving average is $12.09 and its 200 day simple moving average is $11.60. Permian Basin Royalty Trust has a 12-month low of $10.14 and a 12-month high of $15.79. The firm has a market cap of $488.94 million, a price-to-earnings ratio of 13.45 and a beta of 0.66. Analyst Upgrades and Downgrades Read Our Latest Analysis on PBT Permian Basin Royalty Trust Company Profile ( Get Free Report ) Permian Basin Royalty Trust, an express trust, holds royalty interests in various oil and gas properties in the United States. The company holds a 75% net overriding royalty interest in the Waddell Ranch properties, including Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell fields in Crane County, Texas. Featured Articles Receive News & Ratings for Permian Basin Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Permian Basin Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter .

Jimmy Carter, the 39th US president, has died at 100First Farmers Financial Co. ( OTCMKTS:FFMR – Get Free Report ) announced a quarterly dividend on Tuesday, December 17th, NASDAQ Dividends reports. Shareholders of record on Tuesday, December 31st will be given a dividend of 0.49 per share on Wednesday, January 15th. This represents a $1.96 annualized dividend and a yield of 2.91%. The ex-dividend date is Tuesday, December 31st. This is a positive change from First Farmers Financial’s previous quarterly dividend of $0.48. First Farmers Financial Price Performance FFMR stock opened at $67.25 on Friday. The company’s 50-day moving average is $65.73 and its 200-day moving average is $66.31. First Farmers Financial has a 1 year low of $64.10 and a 1 year high of $80.00. About First Farmers Financial ( Get Free Report ) Featured Articles Receive News & Ratings for First Farmers Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Farmers Financial and related companies with MarketBeat.com's FREE daily email newsletter .

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By Nicholas Tan Many are hoping that the looming TikTok ban could be stopped by Donald Trump or Joe Biden. On Friday, December 6, a U.S. federal appeals court upheld the TikTok ban law introduced by The Department of Justice and signed by Biden in April. This means that ByteDance, the Chinese owner of the popular social media app, will need to divest its stake in the platform by the deadline of January 19, 2025 or be banned. Here’s whether Trump or Biden can do anything about the TikTok ban before (or after) that happens. While it will be tough for Donald Trump to overturn the TikTok ban through legal action, he could affect how the law is enforced. Biden can also extend the deadline by up to 90 days, though this doesn’t seem likely given that he is responsible for the legislation in the first place. As pointed out by Reuters , ByteDance would have a “heavy burden” to show the Biden administration that it had made “significant progress toward a divestiture needed to trigger the extension.” Barring that, it would fall upon Trump to reverse the decision in some way. One of the main difficulties of Trump halting the ban comes from the January 19 deadline coming a day before his official inauguration, as noted by Al Jazeera . While Trump attempted to ban the platform outright by executive order in 2020, it faced numerous legal challenges and by the time it reached the Biden administration it was transformed into the law in question. Since then, though, Trump stated during his 2024 presidential campaign that he has vowed to save it and even joined the platform , where he has over 14 million followers and more than 100 million likes. In addition, his nominees of Robert F. Kennedy Jr. for health secretary and Tulsi Gabbard for director of national intelligence are both on TikTok and don’t agree with the ban. If Trump wants to follow through with his promise, he has several options in preventing TikTok from being banned outright over time. Anupam Chander, an expert on global tech regulations at Georgetown Law, says that in the long term the president-elect could help ByteDance change its policies on TikTok to consider security concerns. Trump could also assist in having the company find a US buyer to comply with the law. Another expert, staff attorney George Wang at Columbia University, similarly told Vox that the language in the ban law is broad enough that it grants “the president some leeway to decline to enforce the ban if TikTok or ByteDance comes to some sufficient solution.” Chinese officials would be more open to a sale if Trump lowers his threat to impose additional tariffs on China , according to James Lewis of the Center for Strategic and International Studios via NPR . Trump could also greatly influence how the TikTok ban law is enforced, effectively neutering its effect. Civil liberties director David Greene from the Electronic Frontier Foundation says the incoming president could “instruct the US Justice Department to drop or modify its defense in the lawsuit with ByteDance or instruct the US Department of Commerce not to enforce the law.” TikTok is expected to appeal this decision by the federal appeals court to the Supreme Court. Free speech organizations like the American Civil Liberties Union says that the ruling “blatantly violates the First Amendment rights of millions of Americans.” It’s unclear, however, whether the Supreme Court would be able to hear the appeal and decide on the case before the January 19 deadline comes to pass. Still, if the appeal is granted, Trump could influence and modify how the DOJ argues its case before the Supreme Court in its defense. Nick Tan is a SEO Lead Writer for GameRevolution. Once upon a time, his parents took away his Super Nintendo as a punishment. He has sworn revenge ever since. Share article

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Workday Earnings Beat. Updated Fiscal 2025 Revenue Outlook Light.