Dividend Worth Mentioning Today: Will Oct 31, 2016 be the day Sabine Royalty Trust (NYSE:SBR) makes dividends of $0.23?

Dividend Worth Mentioning Today: Will Oct 31, 2016 be the day Sabine Royalty Trust (NYSE:SBR) makes dividends of $0.23?

Sabine Royalty Trust (NYSE:SBR) is expected to pay $0.23 on Oct 31, 2016. The indicated annual dividend is $2.80. Shareholders owning the stock before Oct 13, 2016 will be eligible to receive the payout. Based on Sabine Royalty Trust’s current price of $36.49, the dividend is 0.64%. This dividend’s record date is Oct 17, 2016 and the announcement date is Oct 5, 2016. The stock decreased 2.15% or $0.8 on October 11, hitting $36.49. Sabine Royalty Trust (NYSE:SBR) has risen 11.69% since March 9, 2016 and is uptrending. It has outperformed by 4.28% the S&P500.

Sabine Royalty Trust is an express trust. The company has a market cap of $535.45 million. The Royalty Properties are the assets of the Trust. It has a 15.68 P/E ratio. The Royalty Properties constitutes interests in gross production of oil, gas and other minerals free of the costs of production.

More important recent Sabine Royalty Trust (NYSE:SBR) news were published by: Seekingalpha.com which released: “Sabine Royalty Trust Benefits From Top-Line Distributions And Underreported …” on November 18, 2015, also Thestreet.com published article titled: “Sabine Royalty Trust (SBR) Downgraded From Buy to Hold”, Prnewswire.com published: “Sabine Royalty Trust Announces New Contact Information” on September 26, 2014. More interesting news about Sabine Royalty Trust (NYSE:SBR) was released by: Wsj.com and their article: “Oil’s Rally Is Sour for Royalty Trusts” with publication date: April 06, 2016.

SBR Company Profile

Sabine Royalty Trust (the Trust) is an express trust. The Royalty Properties are the assets of the Trust. The Royalty Properties constitutes interests in gross production of oil, gas and other minerals free of the costs of production. The trustee of the Trust is Southwest Bank.

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