Looking at the universe of stocks we cover at Dividend Channel, on 7/29/13, San Juan Basin Royalty Trust (SJT) will trade ex-dividend, for its monthly dividend of $0.1039, payable on 8/14/13. As a percentage of SJT's recent stock price of $16.38, this dividend works out to approximately 0.63%, so look for shares of San Juan Basin Royalty Trust to trade 0.63% lower — all else being equal — when SJT shares open for trading on 7/29/13.
Below is a dividend history chart for SJT, showing historical dividends prior to the most recent $0.1039 declared by San Juan Basin Royalty Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SJT is likely to continue, and whether the current estimated yield of 7.61% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SJT shares, versus its 200 day moving average:Looking at the chart above, SJT's low point in its 52 week range is $12.34 per share, with $17.95 as the 52 week high point — that compares with a last trade of $16.46.
In Thursday trading, San Juan Basin Royalty Trust shares are currently off about 0.3% on the day.