10 Highest-Paying Monthly Dividend Stocks

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4. San Juan Basin Royalty Trust (NYSE:SJT)

Dividend Yield as of November 23: 14.49%

San Juan Basin Royalty Trust (NYSE:SJT) is an express trust that receives royalties from its overriding interests in oil and gas properties. The company currently offers a monthly dividend of $0.1719 per share and has a dividend yield of 14.49%, as of November 23.

At the end of September, San Juan Basin Royalty Trust (NYSE:SJT) reported total cash reserves worth $1 million. Its royalty income for the period came in at $21.3 million, up from $6.1 million during the same period last year.

As per Insider Monkey’s Q3 2022 database, 2 hedge funds owned stakes in San Juan Basin Royalty Trust (NYSE:SJT), the same as in the previous quarter. These stakes are worth $569,000 collectively.

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