Looking at the universe of stocks we cover at Dividend Channel, on 10/10/13, Sabine Royalty Trust (SBR) will trade ex-dividend, for its monthly dividend of $0.3940, payable on 10/29/13. As a percentage of SBR's recent stock price of $52.17, this dividend works out to approximately 0.76%, so look for shares of Sabine Royalty Trust to trade 0.76% lower — all else being equal — when SBR shares open for trading on 10/10/13.
Below is a dividend history chart for SBR, showing historical dividends prior to the most recent $0.3940 declared by Sabine 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 SBR is likely to continue, and whether the current estimated yield of 9.06% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SBR shares, versus its 200 day moving average:Looking at the chart above, SBR's low point in its 52 week range is $38.86 per share, with $55.00 as the 52 week high point — that compares with a last trade of $52.17.
In Tuesday trading, Sabine Royalty Trust shares are currently down about 0.5% on the day.