San Juan Basin Royalty Trust (NYSE:SJT) declared a monthly dividend on Friday, July 21st, Fidelity reports. Investors of record on Monday, July 31st will be paid a dividend of 0.0608 per share by the oil and gas producer on Monday, August 14th. This represents a $0.73 annualized dividend and a yield of 10.06%. The ex-dividend date is Thursday, July 27th.
San Juan Basin Royalty Trust has decreased its dividend payment by an average of 28.6% per year over the last three years and has increased its dividend annually for the last 3 consecutive years.
Shares of San Juan Basin Royalty Trust (NYSE:SJT) traded down 3.33% on Wednesday, reaching $7.25. The company had a trading volume of 172,761 shares. The firm has a market capitalization of $337.91 million, a P/E ratio of 16.67 and a beta of -0.46. The company’s 50-day moving average price is $6.76 and its 200 day moving average price is $7.05. San Juan Basin Royalty Trust has a 52 week low of $5.19 and a 52 week high of $8.00.
San Juan Basin Royalty Trust (NYSE:SJT) last posted its quarterly earnings data on Wednesday, August 9th. The oil and gas producer reported $0.13 earnings per share for the quarter. San Juan Basin Royalty Trust had a return on equity of 337.99% and a net margin of 92.24%. The company had revenue of $6.45 million during the quarter.
A number of research firms have weighed in on SJT. BidaskClub cut San Juan Basin Royalty Trust from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. TheStreet raised San Juan Basin Royalty Trust from a “c” rating to a “b-” rating in a research report on Wednesday, May 31st.
San Juan Basin Royalty Trust Company Profile
San Juan Basin Royalty Trust is an express trust. The principal asset of the Trust is Royalty. Its Royalty is carved from working, royalty and other oil and natural gas interests owned by Southland Royalty Company, the predecessor to Burlington Resources Oil & Gas Company LP (Burlington), in properties located in the San Juan Basin of northwestern New Mexico (Subject Interests).
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