San Juan Basin Royalty Trust Plans Monthly Dividend of $0.09 (SJT)
San Juan Basin Royalty Trust (NYSE:SJT) announced a monthly dividend on Monday, September 23rd, Analyst Ratings.Net reports. Stockholders of record on Monday, September 30th will be paid a dividend of $0.0946 per share on Tuesday, October 15th. This represents a $1.14 annualized dividend and a dividend yield of 6.97%. The ex-dividend date is Thursday, September 26th. This is a boost from San Juan Basin Royalty Trust’s previous monthly dividend of $0.09.
Shares of San Juan Basin Royalty Trust (NYSE:SJT) traded down 1.03% during mid-day trading on Monday, hitting $16.28. The stock had a trading volume of 121,148 shares. San Juan Basin Royalty Trust has a 52-week low of $12.34 and a 52-week high of $17.95. The stock has a 50-day moving average of $16.61 and a 200-day moving average of $15.90. The company has a market cap of $758.8 million and a price-to-earnings ratio of 43.98.
San Juan Basin Royalty Trust (NYSE:SJT) is an express trust created by the San Juan Basin Royalty Trust Indenture, between Southland Royalty Company (Southland Royalty) and The Fort Worth National Bank.
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