Media headlines about Sabine Royalty Trust (NYSE:SBR) have been trending somewhat positive this week, Accern reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Sabine Royalty Trust earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the energy company an impact score of 45.4450780646847 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Sabine Royalty Trust (SBR) opened at $45.65 on Monday. The company has a market capitalization of $651.70, a P/E ratio of 19.69 and a beta of 0.10. Sabine Royalty Trust has a twelve month low of $33.50 and a twelve month high of $50.00.
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, February 28th. Investors of record on Thursday, February 15th will be paid a $0.1912 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $2.29 annualized dividend and a yield of 5.03%. Sabine Royalty Trust’s payout ratio is 100.88%.
Sabine Royalty Trust (the Trust) is an express trust. The Royalty Properties are the assets of the Trust. The Royalty Properties constitute interests in gross production of oil, gas and other minerals free of the costs of production. Southwest Bank acts as trustee of the Trust. The Royalty Properties consist of royalty and mineral interests, including landowner’s royalties, overriding royalty interests, minerals (other than executive rights, bonuses and delay rentals), production payments and any other similar, non-participatory interest, in certain producing and proved undeveloped oil and gas properties located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.
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