- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
NEW YORK ( TheStreet) -- The ex-dividend date for San Juan Basin Royalty (NYSE: SJT) is Monday, February 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $18.84 as of 9:30 a.m. ET, the dividend yield is 7%. The average volume for San Juan Basin Royalty has been 225,600 shares per day over the past 30 days. San Juan Basin Royalty has a market cap of $889.3 million and is part of the basic materials sector and energy industry. Shares are down 17.6% year to date as of the close of trading on Thursday. San Juan Basin Royalty Trust operates as an express trust. It has a 75% net overriding royalty interest carved out of Burlington Resources Oil & Gas Company LP's oil and gas leasehold and royalty interests (the underlying properties) located in the San Juan Basin in northwestern New Mexico. The company has a P/E ratio of 13.3, below the average energy industry P/E ratio of 13.8 and below the S&P 500 P/E ratio of 17.7.