San Juan Basin Royalty Trust (SJT) eliminated its dividend from May 2019 through November 2019. The trust paid a trifling dividend of less than $0.002 per unit in December. We view San Juan Basin Royalty Trust as a sell at virtually any price. Investors desiring exposure to the oil and gas industry, or who want a high yield and can stomach some price volatility, can do better with a midstream/upstream business in an MLP or corporate structure.
We have discountinued coverage of San Juan Basin Royalty Trust moving forward.
You can access all current and historical research reports on San Juan Basin Royalty Trust (SJT) below: