San Juan Basin Royalty Trust UBI
SJTSan Juan Basin Royalty Trust (SJT) is a royalty trust that owns overriding royalty interests in oil and natural gas properties located in the San Juan Basin of northwest New Mexico and southwest Colorado. Established to monetize the mineral rights in these assets, the trust primarily generates income through the production and sale of hydrocarbons, passing the majority of proceeds to unitholders. It provides investors with exposure to the energy sector through a royalty-based investment structure.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 12, 2024 | $0.04 | 2024-03-27 | 2024-03-28 |
| March 14, 2024 | $0.03 | 2024-02-28 | 2024-02-29 |
| February 14, 2024 | $0.02 | 2024-01-30 | 2024-01-31 |
| January 16, 2024 | $0.01 | 2023-12-28 | 2023-12-29 |
| December 14, 2023 | $0.02 | 2023-11-29 | 2023-11-30 |
Dividends Summary
- Consistent Payer: San Juan Basin Royalty Trust UBI has rewarded shareholders with 214 dividend payments over the past 19 years.
- Total Returned Value: Investors who held SJT shares during this period received a total of $23.78 per share in dividend income.
- Latest Payout: The most recent dividend of $0.04/share was paid 827 days ago, on April 12, 2024.
- Yield & Schedule: SJT currently pays dividends monthly with an annual yield of 15.70%.
- Dividend Growth: Since 2005, the dividend payout has decreased by 82.5%, from $0.24 to $0.04.
Company News
San Juan Basin Royalty Trust will not declare a cash distribution for April 2025 due to the application of net proceeds to the balance of excess production costs from Hilcorp's drilling activities. The trust continues to face revenue shortfalls and is evaluating credit options to cover administrative expenses.
San Juan Basin Royalty Trust will not declare a monthly cash distribution to unit holders due to excess production costs and low natural gas pricing. The trust's production costs and capital expenditures exceeded gross proceeds for November 2024, leading to no cash distribution.
San Juan Basin Royalty Trust will not declare a monthly cash distribution to its unit holders due to excess production costs and low natural gas pricing. The trust's production costs and capital expenditures exceeded the gross proceeds for October 2024.
San Juan Basin Royalty Trust will not declare a monthly cash distribution to its unit holders due to excess production costs and low natural gas pricing. The trust's production costs and capital expenditures exceeded its gross proceeds for September 2024.
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