San Juan Basin Royalty Trust (SJT) Options

Someone please explain to me how reduced income creates a 40% increase in trust expenses? Seems the only one making money is the Trust administrator win-lose-or draw they always come out with all the profits.

monthly cash distribution $0.022864 per Unit, based primarily upon the reported production of the Trust’s subject interests during the month of February 2024, by the owner of the Subject Interests, The
distribution is payable May 14, 2024, to the Unit Holders of record as of April 30, 2024.

I have begun making small adds to my position for the TRUMP EFFECT when re-elected.

monthly cash distribution $0.041278 per Unit, based primarily upon the reported production of the Trust's subject interests (the "Subject Interests") during the month of January 2024. The distribution is payable April 12, 2024, to the Unit Holders of record as of March 28, 2024.

monthly cash distribution $0.030258 per Unit, based primarily upon the reported production of the Trust's subject interests (the "Subject Interests") during the month of December 2023. The distribution is payable March 14, 2024, to the Unit Holders of record as of February 29, 2024.

November production divi $0.016270 per Unit, based primarily upon the reported production of the Trust's subject interests (the "Subject Interests") during the month of November 2023. The distribution is payable February 14, 2024, to the Unit Holders of record as of January 31, 2024

October production divi $0.012323 per Unit, based primarily upon the reported production of the Trust’s subject interests (the “Subject Interests”) during the month of October 2023. The distribution is payable January 16, 2024, to the Unit Holders of record as of December 29, 2023

Ouchhh, September production divi $0.016910
per Unit, based primarily upon the reported production of the Trust’s subject interests (the “Subject Interests”) during the month of September 2023

Divi for August production .048694 per unit payable November 14th to holders as of Oct 31st

The divi destruction continues to get worse

$0.010201 per Unit another roughly 60% cut month over month.

From a great divi play to just another imploding turd in less than a year.

Stock is now, using simple mathematics, overvalued by about $6 a share IMO

WOW, just a penny dividend. Ive seen a lot of companies chop their dividends because of the Fed raising rates. SJT is no different.

Things were much rosier in the market under a Republican administration

Divi has been smashed to bits - a measly $0.016987 per Unit - a roughly 60% CUT month over month

Trust is not paying as it should IMO - looking for new lows

Divi got hammered this month.

$0.052724 per Unit, based primarily upon the reported production of the Trust's subject interests (the "Subject Interests") during the month of March 2023. The distribution is payable June 14, 2023, to the Unit Holders of record as of May 31, 2023.

Under $7.00 now and headed lower. Will pick up a bunch soon.
What is going on?? OPEC declared they would cut production the next 12 months.
Thought that was good for oil stocks. Just the opposite is happening.
Manipulation maybe??

picked up some $7.60's today, nice entry after the x date drop. Interesting variable divy

You got a good price per share. I paid $10.00 for mine. If it drops more I will load up.

Thanks

The divi is just a little smaller from same time last year, it moves between .10 and .16 anywhere in that range. Yes we are waiting for the supply cuts which should help revenue gains. I would absolutely love to see this drop to the $8 area and I would buy more. I own mine at $7.06 per share so the divi fluctuations don't really bother me.

That big divi was for year end I believe.

No wonder the huge share price drop . Huge divi drop as well yet they are poised to make a lot more money based on all the OPEC price cuts for the next 12 months.

Manipulation big time.

April divi declared - $0.103807 per Unit payable May 12th

Thanks Ernie. I thought the same as OPEC promised to cut production for the next 12 months.
This looks pretty good for the immediate future.

My bad SJT if fine it was another Royalty I own that has the Highlander problem.

I love SJT is has treated me well and I expect it will continue to pay well.

I expect the divi to drop back into the teens as I believe this last divi was for year end. Oil should continue to climb as OPEC cuts output.

Didn't know that. What happened to it.

The divi will evaporate in a month or two if they don't get the Highlander back on line and I haven't heard a word about it or whether will even restart it.

Lets see what April looks like. Big drop in share price. Might be because of the divi payment.
They usually announce aound the 21st of the month.

March divi comes in at $0.409688 per Unit Payable April 14th

SJT is the gift that keeps on giving...... MONTHLY.

February's divi just hit my account at .2498 per share.

New article - good read

https://articles.traderspro.com/index.php/2023/03/12/top-oil-royalty-trust-to-buy-now-3/

Correction: Dividend payable to holders as of Nov 30th will be $0.171971 per Unit
with a pay date of Dec 14th.

Q3 dividend $ 0.452950 per unit (share)

This trust is kickin azz as we enter winter time.

Unbelievable, do the math, this is on track if it kept up, for a almost 40% return!

Wow, a blockbuster month for the distribution.

$0.349121 per Unit - Almost triple the September divi

$0.124317 per Unit Distribution for September Payable October 17th

$0.183448 divi declared for August - payable Sept 15th

.142 per share divi for last month paid out today

Big Green day for SJT....

Good day here...

Will continue to add...also picked up some PRT

I strongly feel it was a good purchase, one of my better monthly divi payers.

I took a position here today

June divi declared $0.111613 per Unit which equates to a 12.16% increase over May's .0918 divi

Price has been dropping so it seems to getting close to add time.

I'm betting the divi will start to climb again with oil as high as it is.

Some of the past divis.

05/27/22
San Juan Basin Royalty Trust Dividend for SJT - $0.0918

04/28/22
San Juan Basin Royalty Trust Dividend for SJT - $0.0829

03/30/22
San Juan Basin Royalty Trust Dividend for SJT - $0.1191

02/25/22
San Juan Basin Royalty Trust Dividend for SJT - $0.0857

01/28/22
San Juan Basin Royalty Trust Dividend for SJT - $0.1034

12/30/21
San Juan Basin Royalty Trust Dividend for SJT - $0.1124

11/29/21
San Juan Basin Royalty Trust Dividend for SJT - $0.1498

$SJT continues to climb in silence, imagine what it could do with some eyes on it.

OMG, I can't believe nobody has posted on SJT since 2018. It's kickin azz AND pays monthly divi.

It's a beautiful thing here at $11 range.

well, so far I am pleased with sticking my toe in on this one. How many have been here for the long haul?

(DY) 12.5

28% yearly...

so this month's divi is .075? Sounds too good to be true.

$SJT could be ready to watchlist...

Anyone following this stock/unit lately? Hillcorp seems to be a good operator, Conoco released a large test HZ in the Mancos shale in a deeper formation, and the portfolio of current vertical wells seems to be 20% or so over the Mancos. Older leases would seem that the trust is sitting on valuable lease rights, but not sure with this net override. Any thoughts?