What is the dividend yield relative to the current share price?

Answer

The news you provided only announces that Permian Resources (ticker PMR) has declared a quarterly cash dividend. It does not include the following key pieces of information that are required to calculate a dividend yield:

How dividend yield is calculated

[
\text{Dividend Yield} = \frac{\text{Annual dividend per share}}{\text{Current share price}} \times 100\%
]

• Annual dividend per share = Quarterly dividend × 4 (assuming the dividend will be paid each quarter).
  
• Current share price = The market price of the stock at the time you perform the calculation (e.g., the closing price on the day you check).

What you can do next

1. Find the dividend amount

   • Look for the full press release on Business Wire or the company’s investor‑relations website. The release will typically state something like “PMR will pay a cash dividend of $0.05 per share on the record date …”.
     
   • If the press release is not yet posted, the company may also file a Form 8‑K with the SEC that contains the same details.

2. Obtain the current share price

   • Check a real‑time market data source (e.g., Bloomberg, Reuters, Yahoo! Finance, Google Finance, or your brokerage platform) for the latest price of PMR.
     
   • For a “snapshot” dividend yield, use the most recent closing price; for a “real‑time” yield, use the live bid/ask price.

3. Calculate the yield

   • Example (illustrative only):
     
     • If the quarterly dividend is $0.05 per share, the annual dividend would be $0.05 × 4 = $0.20.
       
     • If the current share price is $12.00, then:
       

[
\text{Yield} = \frac{0.20}{12.00} \times 100\% = 1.67\%
]

• Adjust the numbers with the actual dividend amount and the actual share price you retrieve.

Why the yield matters

• Investor income expectations – A higher yield can be attractive for income‑focused investors.
  
• Relative valuation – Comparing the yield to peers (e.g., other energy‑sector dividend payers) helps assess whether the stock is “generously” or “thinly” dividend‑paying.
  
• Sustainability – Investors often compare the dividend payout ratio (dividend ÷ earnings) to gauge whether the dividend is likely to be maintained.

Bottom line

Based solely on the excerpt you shared, we cannot compute the dividend yield because the dividend amount per share and the current share price are missing.

To obtain the yield, locate the exact dividend per share in the full press release (or the SEC filing) and retrieve the latest market price for PMR. Then apply the standard dividend‑yield formula shown above. If you can provide the dividend amount and the current price, I can instantly calculate the exact yield for you.