NEW YORK (
) -- The ex-dividend date for
) is Monday, August 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $23.67 as of 9:30 a.m. ET, the dividend yield is 5.7%.
The average volume for San Juan Basin Royalty has been 165,100 shares per day over the past 30 days. San Juan Basin Royalty has a market cap of $1.1 billion and is part of the
industry. Shares are up 1.4% year to date as of the close of trading on Thursday.
San Juan Basin Royalty Trust operates as an express trust. The company has a P/E ratio of 17.4, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates San Juan Basin Royalty as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full