NEW YORK (
) -- The ex-dividend date for
San Juan Basin Royalty
) is tomorrow, April 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $25.50 as of 9:31 a.m. ET, the dividend yield is 3.8%.
The average volume for San Juan Basin Royalty has been 172,000 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 10.9% year to date as of the close of trading on Monday.
San Juan Basin Royalty Trust operates as an express trust. The company has a P/E ratio of 16.2, above the average financial services industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 16.7.
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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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, increase in stock price during the past year and impressive record of earnings per share growth. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full