i own 100 shares of permian basin royalty trust. what does ownership percentage mean?

[SabrinaD2]

Owning shares in the Permian Basin Royalty Trust (PBT) means you have a proportionate share of the trust's assets and income. Your ownership percentage is based on the number of shares you own relative to the total shares issued by the trust. This percentage determines your share of the trust's income and assets.

To locate or calculate your ownership percentage, you can:

1. Check Investment Statements: Your brokerage or investment platform should provide periodic statements detailing your holdings.
2. Review Tax Documents: The trust sends out annual tax information, which includes details about your ownership and income from the trust
3. Visit the Trust's Website: The Permian Basin Royalty Trust website offers detailed tax information that may help you determine your ownership percentage.

Example:

• Your Shares: 100
• Total Shares: 10,000

Ownership Percentage=  100/10,000 ×100 =1%

For more details, you can check out MarketBeat's page on Permian Basin Royalty Trust