Sabine Royalty Trust (NYSE:SBR) Plans $0.36 Monthly Dividend

Sabine Royalty Trust (NYSE:SBR) announced a monthly dividend on Friday, November 7th. Investors of record on Monday, November 17th will be paid a dividend of 0.3567 per share by the energy company on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Monday, November 17th.

Sabine Royalty Trust has raised its dividend by an average of 0.1%per year over the last three years.

Sabine Royalty Trust Stock Performance

Sabine Royalty Trust stock traded up $2.19 during midday trading on Friday, hitting $76.73. 49,580 shares of the company’s stock were exchanged, compared to its average volume of 38,866. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 15.22 and a beta of 0.25. Sabine Royalty Trust has a 12-month low of $58.25 and a 12-month high of $84.39. The firm’s 50 day simple moving average is $73.96 and its 200 day simple moving average is $69.46.

Sabine Royalty Trust (NYSE:SBR) last announced its earnings results on Friday, November 7th. The energy company reported $1.70 EPS for the quarter. Sabine Royalty Trust had a net margin of 94.85% and a return on equity of 866.81%.

Sabine Royalty Trust Company Profile

Sabine Royalty Trust holds royalty and mineral interests in various producing oil and gas properties in the United States. Its royalty and mineral interests include landowner's royalties, overriding royalty interests, minerals, production payments, and other similar non-participatory interest in certain producing and proved undeveloped oil and gas properties located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas.