Ex-Div Reminder for Sitio Royalties (STR)
Looking at the universe of stocks we cover at Dividend Channel, on 11/20/23, Sitio Royalties Corp (Symbol: STR) will trade ex-dividend, for its quarterly dividend of $0.49, payable on 11/30/23. As a percentage of STR's recent stock price of $22.80, this dividend works out to approximately 2.15%, so look for shares of Sitio Royalties Corp to trade 2.15% lower — all else being equal — when STR shares open for trading on 11/20/23.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from STR is likely to continue, and whether the current estimated yield of 8.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of STR shares, versus its 200 day moving average:
Looking at the chart above, STR's low point in its 52 week range is $19.31 per share, with $33.65 as the 52 week high point — that compares with a last trade of $22.79.
In Thursday trading, Sitio Royalties Corp shares are currently down about 0.6% on the day.
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TINY YTD Return
