Brigham Minerals Inc (NYSE:MNRL) declared an annual dividend on Thursday, August 8th, NASDAQ reports. Stockholders of record on Thursday, August 22nd will be given a dividend of 0.33 per share on Thursday, August 29th. This represents a dividend yield of 1.71%. The ex-dividend date is Wednesday, August 21st.

MNRL stock opened at $21.19 on Tuesday. The stock’s 50-day moving average is $20.56. Brigham Minerals has a 1 year low of $18.36 and a 1 year high of $22.96.

Several equities analysts recently weighed in on the stock. UBS Group assumed coverage on shares of Brigham Minerals in a research report on Monday, May 13th. They issued a “buy” rating and a $25.00 price target on the stock. Piper Jaffray Companies assumed coverage on shares of Brigham Minerals in a research report on Monday, May 13th. They issued an “overweight” rating and a $25.00 price target on the stock. Wells Fargo & Co assumed coverage on shares of Brigham Minerals in a research report on Monday, May 13th. They issued an “outperform” rating and a $24.00 price target on the stock. Royal Bank of Canada assumed coverage on shares of Brigham Minerals in a research report on Monday, May 13th. They issued an “outperform” rating and a $25.00 price target on the stock. Finally, Zacks Investment Research raised shares of Brigham Minerals from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 25th. One analyst has rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. Brigham Minerals has an average rating of “Buy” and an average price target of $25.80.

Brigham Minerals Company Profile

Brigham Minerals, Inc owns and operates a portfolio of mineral and royalty interests in the continental United States. The company primarily holds mineral and royalty interests in the Permian Basin in West Texas and New Mexico; the SCOOP/STACK plays in the Anadarko Basin of Oklahoma; the Denver-Julesburg Basin in Colorado; and Wyoming and the Williston Basin in North Dakota.

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