Dividend Alert: Sabine Royalty Trust (NYSE:SBR) will be paying shareholders dividends of $0.12 on Nov 29, 2016.

Dividend Alert: Sabine Royalty Trust (NYSE:SBR) will be paying shareholders dividends of $0.12 on Nov 29, 2016.

Sabine Royalty Trust (NYSE:SBR) is expected to pay $0.12 on Nov 29, 2016. The indicated annual dividend is $1.40. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Sabine Royalty Trust’s current price of $35.90, the dividend is 0.33%. This dividend’s record date is Nov 15, 2016 and the announcement date is Nov 4, 2016. The stock decreased 1.64% or $0.6 on November 8, hitting $35.9. Sabine Royalty Trust (NYSE:SBR) has risen 22.67% since April 7, 2016 and is uptrending. It has outperformed by 17.88% the S&P500.

Sabine Royalty Trust is an express trust. The company has a market cap of $516.33 million. The Royalty Properties are the assets of the Trust. It has a 15.42 P/E ratio. The Royalty Properties constitutes interests in gross production of oil, gas and other minerals free of the costs of production.

More notable recent Sabine Royalty Trust (NYSE:SBR) news were published by: Prnewswire.com which released: “Sabine Royalty Trust Announces Monthly Cash Distribution For November 2016” on November 03, 2016, also Nasdaq.com with their article: “Sabine Royalty Trust (SBR) Ex-Dividend Date Scheduled for October 13, 2016” published on October 12, 2016, Seekingalpha.com published: “Sabine Royalty Trust Benefits From Top-Line Distributions And Underreported …” on November 18, 2015. More interesting news about Sabine Royalty Trust (NYSE:SBR) were released by: Prnewswire.com and their article: “Sabine Royalty Trust Announces New Contact Information” published on September 26, 2014 as well as Thestreet.com‘s news article titled: “Sabine Royalty Trust (SBR) Downgraded From Buy to Hold” with publication date: December 30, 2014.

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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