Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Sabine Royalty Trust (SBR) Stock Price

News stories about Sabine Royalty Trust (NYSE:SBR) have been trending somewhat positive on Thursday, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sabine Royalty Trust earned a news impact score of 0.15 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 47.1907779657761 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of SBR stock traded down $0.03 during mid-day trading on Thursday, reaching $45.97. 2,054 shares of the company were exchanged, compared to its average volume of 18,858. Sabine Royalty Trust has a fifty-two week low of $35.80 and a fifty-two week high of $50.00. The company has a market capitalization of $658.26, a P/E ratio of 19.89 and a beta of 0.16.

How to Become a New Pot Stock Millionaire

The business also recently declared a monthly dividend, which will be paid on Monday, April 30th. Stockholders of record on Monday, April 16th will be given a dividend of $0.2793 per share. The ex-dividend date of this dividend is Friday, April 13th. This represents a $3.35 dividend on an annualized basis and a dividend yield of 7.29%. This is an increase from Sabine Royalty Trust’s previous monthly dividend of $0.21.

ILLEGAL ACTIVITY WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Sabine Royalty Trust (SBR) Stock Price” was first posted by Week Herald and is the property of of Week Herald. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://weekherald.com/2018/04/19/sabine-royalty-trust-sbr-earns-coverage-optimism-rating-of-0-15.html.

About Sabine Royalty Trust

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.

Insider Buying and Selling by Quarter for Sabine Royalty Trust (NYSE:SBR)

Receive News & Ratings for Sabine Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sabine Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply