NEW YORK (
) -- The ex-dividend date for
San Juan Basin Royalty
) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of nine cents per share. At a price of $27.10 as of 9:30 a.m. ET, the dividend yield is 4.2%.
The average volume for San Juan Basin Royalty has been 170,200 shares per day over the past 30 days. San Juan Basin Royalty has a market cap of $1.3 billion and is part of the
industry. Shares are up 14.9% year to date as of the close of trading on Friday.
San Juan Basin Royalty Trust operates as an express trust. The company has a P/E ratio of 16.9, above the average financial services industry P/E ratio of 16.1 and above the S&P 500 P/E ratio of 16.2.
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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, solid stock price performance and impressive record of earnings per share growth. 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