San Juan Basin Royalty Trust Payout ratio
What is the Payout ratio of San Juan Basin Royalty Trust?
The Payout ratio of San Juan Basin Royalty Trust is 151.29%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Energy sector on NYSE compared to San Juan Basin Royalty Trust
What does San Juan Basin Royalty Trust do?
san juan basin royalty trust operates as an express trust in texas. the company has a 75% net overriding royalty interest carved out of southland's oil and natural gas interests (the subject interests) in properties located in the san juan basin in northwestern new mexico. the subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net producing acres in san juan, rio arriba, and sandoval counties of northwestern new mexico, as well as 826.3 net wells. bbva usa serves as the trustee of the san juan basin royalty trust. the company was founded in 1980 and is based in houston, texas.
Companies with payout ratio similar to San Juan Basin Royalty Trust
- TKH NV has Payout ratio of 149.25%
- Thales SA has Payout ratio of 149.78%
- Nederlandsche Apparatenfabriek NV has Payout ratio of 150.45%
- Aptech has Payout ratio of 150.50%
- ZEAL Network SE has Payout ratio of 150.54%
- CVR Partners LP has Payout ratio of 150.64%
- San Juan Basin Royalty Trust has Payout ratio of 151.29%
- Park Aerospace Corp has Payout ratio of 151.52%
- Newcrest Mining has Payout ratio of 151.52%
- AMGEN has Payout ratio of 151.79%
- Cracker Barrel Old Country Store Inc has Payout ratio of 152.01%
- Henderson Land Development has Payout ratio of 152.08%
- Longfor has Payout ratio of 152.26%