San Juan Basin Royalty Trust (SJT) To Go Ex-Dividend on April 29th

San Juan Basin Royalty Trust (NYSE:SJT) announced a monthly dividend on Friday, April 19th, investing.com reports. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.0229 per share by the oil and gas producer on Tuesday, May 14th. This represents a $0.27 annualized dividend and a yield of 6.43%. The ex-dividend date of this dividend is Monday, April 29th.

San Juan Basin Royalty Trust Price Performance

Shares of NYSE SJT opened at $4.27 on Friday. San Juan Basin Royalty Trust has a 1-year low of $4.01 and a 1-year high of $8.65. The business’s fifty day moving average price is $5.21 and its two-hundred day moving average price is $5.76. The firm has a market capitalization of $198.79 million, a PE ratio of 3.88 and a beta of 0.77.

San Juan Basin Royalty Trust (NYSE:SJT) last released its quarterly earnings results on Monday, April 1st. The oil and gas producer reported $0.08 earnings per share (EPS) for the quarter. San Juan Basin Royalty Trust had a return on equity of 1,842.90% and a net margin of 96.72%. The company had revenue of $4.01 million during the quarter.

Analyst Ratings Changes

Separately, TheStreet cut San Juan Basin Royalty Trust from a “b-” rating to a “c+” rating in a research note on Monday, February 12th.

About San Juan Basin Royalty Trust

San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland's oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico. It also owns subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net-producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico.