Dividend Alert: $0.05 dividends just around the corner for San Juan Basin Royalty Trust (NYSE:SJT) shareholders.

Dividend Alert: $0.05 dividends just around the corner for San Juan Basin Royalty Trust (NYSE:SJT) shareholders.

San Juan Basin Royalty Trust (NYSE:SJT) is expected to pay $0.05 on Dec 14, 2016. The indicated annual dividend is $0.59. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on San Juan Basin Royalty Trust’s current price of $6.17, the dividend is 0.79%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 18, 2016. The stock decreased 3.29% or $0.21 on November 25, hitting $6.17. About 46,682 shares traded hands. San Juan Basin Royalty Trust (NYSE:SJT) has declined 2.22% since April 25, 2016 and is downtrending. It has underperformed by 8.23% the S&P500.

San Juan Basin Royalty Trust is an express trust. The company has a market cap of $278.11 million. The principal asset of the Trust is Royalty. It has a 28.6 P/E ratio. The Company’s underlying properties include the working, royalty and other oil and natural gas interests owned by Southland Royalty Company in properties located in the San Juan Basin of northwestern New Mexico.

Insitutional Activity: The institutional sentiment increased to 0.81 in Q2 2016. Its up 0.32, from 0.49 in 2016Q1. The ratio is positive, as 9 funds sold all San Juan Basin Royalty Trust shares owned while 26 reduced positions. 9 funds bought stakes while 8 increased positions. They now own 12.00 million shares or 3.83% less from 12.48 million shares in 2016Q1.
Financial Bank Of America De has invested 0% of its portfolio in San Juan Basin Royalty Trust (NYSE:SJT). Shamrock Asset Mngmt Ltd Limited Liability Company holds 0% of its portfolio in San Juan Basin Royalty Trust (NYSE:SJT) for 167 shares. Moreover, Livingston Grp Asset Mngmt (Operating As Southport Capital Management) has 0.01% invested in San Juan Basin Royalty Trust (NYSE:SJT) for 2,000 shares. Diligent Invsts Limited Liability Corporation has invested 0.11% of its portfolio in San Juan Basin Royalty Trust (NYSE:SJT). First Eagle Invest Limited Com last reported 5.44M shares in the company. Lpl Limited Liability has 0% invested in the company for 11,732 shares. America First Investment Advisors Ltd Liability Company has invested 0% of its portfolio in San Juan Basin Royalty Trust (NYSE:SJT). Us Comml Bank De accumulated 0% or 3,700 shares. Moreover, Royal Bancorporation Of Canada has 0% invested in San Juan Basin Royalty Trust (NYSE:SJT) for 5,775 shares. Creative Planning has 0% invested in the company for 325 shares. Advisory Service Ntwk Ltd Com has 2,262 shares for 0% of their US portfolio. Blair William And Co Il has 0% invested in the company for 14,000 shares. Foundation last reported 124,605 shares in the company. Millennium Mngmt Ltd Limited Liability Company accumulated 11,625 shares or 0% of the stock. The California-based California Pub Employees Retirement System has invested 0% in San Juan Basin Royalty Trust (NYSE:SJT).

More notable recent San Juan Basin Royalty Trust (NYSE:SJT) news were published by: Nasdaq.com which released: “San Juan Basin Royalty Trust (SJT) Ex-Dividend Date Scheduled for November 28 …” on November 25, 2016, also Marketwatch.com with their article: “San Juan Basin Royalty Trust” published on October 13, 2010, Prnewswire.com published: “San Juan Basin Royalty Trust Unitholders Urged to Call Special Meeting to …” on September 01, 2016. More interesting news about San Juan Basin Royalty Trust (NYSE:SJT) were released by: Prnewswire.com and their article: “Egan-Jones Recommends Unitholders of San Juan Basin Royalty Trust (SJT) Vote …” published on November 07, 2016 as well as Businesswire.com‘s news article titled: “ISS Recommends San Juan Basin Royalty Trust Unit Holders NOT Consent to …” with publication date: September 20, 2016.

SJT Company Profile

San Juan Basin Royalty Trust, incorporated in 1980, is an express trust. The principal asset of the Trust is Royalty. The Company’s Underlying Properties include the working, royalty and other oil and natural gas interests owned by Southland Royalty Company in properties located in the San Juan Basin of northwestern New Mexico. The Trustee of the Trust is Compass Bank, which is a subsidiary of Banco Bilbao Vizcaya Argentaria, S.A. The function of the Trustee is to collect the net proceeds attributable to the Royalty, to pay all expenses and charges of the Trust and distribute the remaining available income to the Unit Holders. The Trust does not operate the Underlying Properties and does not carry on any business activity.

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