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San Juan Basin Royalty Trust (NYSE:SJT) declared a monthly dividend on Wednesday, August 20th, American Banking News.com reports. Investors of record on Friday, August 29th will be given a dividend of 0.1047 per share on Monday, September 15th. This represents a $1.26 dividend on an annualized basis and a yield of 6.89%. The ex-dividend date of this dividend is Wednesday, August 27th.

Shares of San Juan Basin Royalty Trust (NYSE:SJT) traded up 2.25% on Wednesday, hitting $18.65. 81,889 shares of the company’s stock traded hands. San Juan Basin Royalty Trust has a 52-week low of $15.50 and a 52-week high of $20.25. The stock has a 50-day moving average of $18.33 and a 200-day moving average of $18.26. The company has a market cap of $869.2 million and a price-to-earnings ratio of 18.02.

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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