5 Cheap Monthly Dividend Stocks to Buy

4. Sabine Royalty Trust (NYSE:SBR)

P/E Ratio (TTM): 9.76

Sabine Royalty Trust (NYSE:SBR) is a publicly traded royalty trust that derives income from its ownership interests in oil, gas, and mineral properties. The trust’s primary objective is to collect royalty income from producing properties and distribute it to its shareholders. The company offers a monthly dividend of $0.7208 per share and has a dividend yield of 1.046%, as recorded on November 17.

As of the end of Q2 2023, 7 hedge funds tracked by Insider Monkey owned stakes in Sabine Royalty Trust (NYSE:SBR), up from 6 in the previous quarter. The collective value of these stakes is over $10.6 million.

Follow Sabine Royalty Tr (NYSE:SBR)