Sabine Royalty Trust ( NYSE:SBR – Get Rating ) declared a monthly dividend on Friday, March 3rd, Zacks reports. Investors of record on Wednesday, March 15th will be given a dividend of 0.465 per share by the energy company on Wednesday, March 29th. This represents a $5.58 dividend on an annualized basis and a yield of 7.54%. The ex-dividend date is Tuesday, March 14th. Sabine Royalty Trust has increased its dividend by an average of 42.0% per year over the last three years. SBR stock opened at $74.

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