StockNews.com started coverage on shares of San Juan Basin Royalty Trust (NYSE:SJT – Get Rating) in a report released on Thursday morning. The brokerage issued a hold rating on the oil and gas producer’s stock.
San Juan Basin Royalty Trust Stock Down 2.5 %
San Juan Basin Royalty Trust stock opened at $10.04 on Thursday. The company has a 50 day moving average price of $10.37 and a 200 day moving average price of $10.75. San Juan Basin Royalty Trust has a 52 week low of $6.36 and a 52 week high of $15.43.
San Juan Basin Royalty Trust Increases Dividend
The company also recently disclosed a monthly dividend, which was paid on Tuesday, March 14th. Investors of record on Tuesday, February 28th were paid a $0.25 dividend. This is a positive change from San Juan Basin Royalty Trust’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Monday, February 27th. This represents a $3.00 dividend on an annualized basis and a yield of 29.88%.
Hedge Funds Weigh In On San Juan Basin Royalty Trust
San Juan Basin Royalty Trust Company Profile
San Juan Basin Royalty Trust engages in the provision of express trust services. The company was founded on November 1, 1980 and is headquartered in Houston, TX.
- Get a free copy of the StockNews.com research report on San Juan Basin Royalty Trust (SJT)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
Receive News & Ratings for San Juan Basin Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for San Juan Basin Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.