San Juan Basin Royalty Trust (NYSE:SJT) announced a monthly dividend on Monday, November 20th, Wall Street Journal reports. Stockholders of record on Thursday, November 30th will be given a dividend of 0.0721 per share by the oil and gas producer on Thursday, December 14th. This represents a $0.86 annualized dividend and a dividend yield of 10.98%. The ex-dividend date is Wednesday, November 29th.

San Juan Basin Royalty Trust has decreased its dividend by an average of 28.6% per year over the last three years and has increased its dividend every year for the last 3 years.

San Juan Basin Royalty Trust (SJT) traded up $0.23 on Monday, hitting $7.88. The stock had a trading volume of 140,000 shares, compared to its average volume of 152,227. The firm has a market cap of $367.28, a price-to-earnings ratio of 10.10 and a beta of -0.43. San Juan Basin Royalty Trust has a 12 month low of $5.92 and a 12 month high of $8.49.

Separately, BidaskClub upgraded San Juan Basin Royalty Trust from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st.

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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).

Dividend History for San Juan Basin Royalty Trust (NYSE:SJT)

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