SmarterDividends
SBR

Sabine Royalty Trust (SBR) Dividend

Sabine Royalty Trust · Energy · Oil & Gas Midstream · monthly payer

$68.37

Undervalued · +110% Add to Portfolio

As of Nov 5, 2026, Sabine Royalty Trust (SBR) pays a monthly dividend of $0.3550 per share, or $4.27 a year, a 6.31% yield at its $68.37 share price. It pays every month. It has a dividend safety grade of C.

Forward Yield

6.31%

Annual Dividend

$4.27

Payout Ratio

98%

5-Yr Growth

16.4%

Ex-Date

Oct 15, 2026

Frequency

Monthly

Key facts about SBR's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Sabine Royalty Trust (SBR) has a forward dividend yield of 6.31%, based on an annual dividend of $4.27 per share and a share price of $68.37.
  • As of Nov 5, 2026, SBR's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
  • SBR last cut its regular dividend in 2025.
  • SBR's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.36 per share.
  • As of Nov 5, 2026, SBR pays out 98% of its trailing 12-month earnings as dividends (its payout ratio).
  • SBR's dividend has grown at an average rate of 16.4% a year over the past five years.
  • As of Nov 5, 2026, SBR's 6.31% yield is 32% below its five-year average yield of 9.25%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for SBR is $143.28 per share, 110% above the $68.37 share price, so SBR screens as undervalued.
  • Sabine Royalty Trust (SBR) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "SBR Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/SBR

Is SBR a good dividend stock?

Yes, with caveats

Sabine Royalty Trust (SBR) pays a monthly dividend yielding 6.31% ($4.27/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 16.4% 5-yr dividend growth
  • 69% total price return over 5 years

Risks

  • Cut its dividend in 2025
  • Elevated payout ratio (98%)

Key Data

Dividend Yield
6.31%
Payout Ratio
98%
Annual Dividend
$4.27
5-Yr Avg Growth
16.4%
Ex-Dividend Date
Oct 15, 2026
Years of Growth
0
Frequency
monthly
Beta
0.30
Market Cap
$996.7M
P/E Ratio
14.0
5-Yr Total Return
69%
52-Week Range
$65.31 – $79.86
Dividend Safety
C · 58/100
Ever Cut?
Yes (2025)

SBR dividend changes

Sabine Royalty Trust (SBR) pays a variable dividend: across the 477 payments on record since 1987, 214 were higher than the one before and 121 lower. The latest change was up 6.9% to $0.355 per share, going ex-dividend on Oct 15, 2026.

Ex-dateChangeOld → newMove
Oct 15, 2026Higher$0.332 → $0.355+6.9%
Sep 15, 2026Lower$0.503 → $0.332−34.0%
Jun 15, 2026Higher$0.498 → $0.503+1.0%
May 15, 2026Higher$0.325 → $0.498+53.2%
Apr 15, 2026Higher$0.286 → $0.325+13.6%
Mar 16, 2026Higher$0.283 → $0.286+1.1%
Feb 17, 2026Higher$0.197 → $0.283+43.7%
Dec 15, 2025Lower$0.357 → $0.197−44.8%
Nov 17, 2025Lower$0.369 → $0.357−3.3%
Oct 15, 2025Lower$0.584 → $0.369−36.8%
Sep 15, 2025Higher$0.426 → $0.584+37.1%
Jun 16, 2025Lower$0.448 → $0.426−4.9%
Every SBR payment →Download every raise and cut (CSV)
SBR ex-dividend date & scheduleNext ex-date Oct 15, 2026 · full ex-dividend historyView →SBR dividend historyEvery payment, totals by year, raises and cutsView →SBR dividend calculator100 shares pay $427.00 a year, $35.58 each monthCalculate →SBR total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is SBR a good dividend stock?

Yes, with caveats. Sabine Royalty Trust (SBR) pays a monthly dividend yielding 6.31% ($4.27/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is SBR undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SBR's fair value is about $143.28 versus a $68.37 share price — so it looks undervalued (+110% vs. fair value).

Is SBR's dividend safe?

SBR has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is SBR's fair value?

Our blended fair-value estimate for SBR is about $143.28 per share, roughly 110% above the current $68.37 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SBR a buy, hold, or sell?

We don't issue formal ratings, but on the data SBR screens as "yes, with caveats" and undervalued. Sabine Royalty Trust (SBR) pays a monthly dividend yielding 6.31% ($4.27/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will SBR cut its dividend?

SBR earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SBR pay a dividend?

Yes. Sabine Royalty Trust pays a monthly dividend of about $4.27 per share annually, a forward yield of roughly 6.31%.

How much dividend does 100 shares of SBR pay?

At $4.27 per share a year, 100 shares of SBR pay $427.00 a year in dividends before tax, about $35.58 each month. Buying them costs about $6,836 at the Nov 5, 2026 price.

What is SBR's dividend yield?

As of Nov 5, 2026, SBR's forward dividend yield is 6.31%, based on a $4.27 annual dividend and a $68.37 share price.

What is SBR's dividend per share?

As of Nov 5, 2026, SBR pays $4.27 per share per year, distributed on a monthly basis.

What is SBR's dividend payout ratio?

As of Nov 5, 2026, SBR's payout ratio is 98% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has SBR grown its dividend?

SBR does not currently have a long dividend-growth streak on record.

When is the next SBR ex-dividend date?

As of Nov 5, 2026, SBR's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.36 per share.

Income Calculator

At $4.27 / yr per share

Per payment (monthly)$35.58
Annual$427.00
Monthly avg$35.58
Full SBR dividend calculator →

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