NEW YORK (
) -- The ex-dividend date for
) is Monday, November 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $23.50 as of 9:35 a.m. ET, the dividend yield is 6.9%.
The average volume for San Juan Basin Royalty has been 117,300 shares per day over the past 30 days. San Juan Basin Royalty has a market cap of $1.12 billion and is part of the
industry. Shares are up 0.5% year to date as of the close of trading on Wednesday.
San Juan Basin Royalty Trust operates as an express trust. The company has a P/E ratio of 17, below the average financial services industry P/E ratio of 17.3 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, expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full