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Sabine Royalty Trust Dividend Announcement

(NYSE:SBR), www.sbr-sabine.com

DIVIDEND ANNOUNCEMENT: Sabine Royalty Trust (NYSE:SBR) on 09/07/2018 declared a dividend of $0.2626 per share

September 07, 2018

Sabine Royalty Trust (NYSE:SBR) on 09/07/2018 declared a dividend of $ 0.2626 per share payable on September 28, 2018 to shareholders of record as of September 17, 2018. Dividend amount recorded is an increase of $ 0.0227 from last dividend Paid.

Sabine Royalty Trust (NYSE:SBR) has paid dividends since 1990, has a current dividend yield of 6.47% and has increased its dividends for 1 successive years.

Sabine Royalty Trust's market cap is $ 626,897,000 and has a PE ratio of 15.93. The stock price closed yesterday at $ 43.00 and has a 52 week low/high of $ 38.75 and $ 50.00.

Sabine Royalty Trust is an express trust formed to receive a distribution from Sabine Corporation 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, nonparticipatory interest, in certain producing and proved undeveloped oil and gas properties located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas (the Royalty Properties). As of Dec 31 2016, the Royalty Properties were represented by approximately 5,400 tracts of land. Southwest Bank acts as trustee of Co.

For more information on Sabine Royalty Trust click here.

Sabine Royalty Trust current dividend information as per the date of this press release is:
Dividend Declaration Date: September 07, 2018
Dividend Ex Date: September 14, 2018
Dividend Record Date: September 17, 2018
Dividend Payment Date: September 28, 2018
Dividend Amount: $ 0.2626
 
 

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