NEW YORK (
) -- The ex-dividend date for
San Juan Basin Royalty
) is tomorrow, February 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $24.84 as of 9:30 a.m. ET, the dividend yield is 6.7%.
The average volume for San Juan Basin Royalty has been 164,500 shares per day over the past 30 days. San Juan Basin Royalty has a market cap of $1.2 billion and is part of the
industry. Shares are up 5.3% year to date as of the close of trading on Tuesday.
San Juan Basin Royalty Trust operates as an express trust. The company has a P/E ratio of 15.5, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 23.2.
TheStreet Ratings rates San Juan Basin Royalty as buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full