JET1C

San Juan Basin Royalty Trust: Earnings Estimates Are Too Low

I prefer to check the long chart when choosing these trusts. I'm also looking for consistancy. SJT is amazing (but certainly not the only one) Can you imagine owning a $10 stock in 2002, during the depths of the Dot-Com implosion and getting a 19% dividend paid MONTHLY. This stock started 2002 at $8.95 and ended at $13, a 33% gain. Now, of course it is selling for a reasonable 16 times earnings, forward PE of 11.60.

Now that is value. Forget the likes of TELOZ which pays a QUARTLY dividend intermittantly and is subject to the annual hurrican seasons.