 DALLAS, Texas, Oct. 19, 2021 PRNewswire -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust NYSE: PBT Permian today declared a cash distribution to the holders of its units of beneficial interest of 0.022354 per unit, payable on November 15, 2021, to unit holders of record on October 29, 2021. This months distribution decreased slightly from the previous month as the result of a slight decrease in the pricing for oil and gas for the Texas Royalty Properties during the month of August. 