San Juan Basin Royalty Trust (NYSE:SJT) Plans Monthly Dividend of $0.02

San Juan Basin Royalty Trust (NYSE:SJT) declared a monthly dividend on Friday, April 19th, investing.com reports. Stockholders of record on Tuesday, April 30th will be given 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 dividend yield of 6.41%. The ex-dividend date is Monday, April 29th.

San Juan Basin Royalty Trust Stock Performance

NYSE SJT opened at $4.28 on Friday. The company has a market cap of $199.49 million, a P/E ratio of 3.89 and a beta of 0.77. The business’s 50 day moving average price is $5.21 and its 200-day moving average price is $5.75. San Juan Basin Royalty Trust has a fifty-two week low of $4.01 and a fifty-two week high of $8.65.

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

Analyst Upgrades and Downgrades

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

San Juan Basin Royalty Trust Company Profile

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.