SBR (Sabine Royalty Trust) Dividend Payout Ratio: 1.01 (As of Mar. 2026) — Near Median

Author:

Vera Yuan

Director of Data and Quant Analytics at GuruFocus

Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.

View Profile →

Reviewed by:

Charlie Tian

Founder & CEO of GuruFocus

Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

View Profile →

Sabine Royalty Trust SBR

73 GF Score

Price $74.00

GF Value $50.16

Valuation Significantly Overvalued

10 Warning Signs

View Full Analysis

What is Sabine Royalty Trust Dividend Payout Ratio?

Sabine Royalty Trust SBR -0.11% 73 Dividend Payout Ratio is 1.01 as of Mar. 2026, which is 1% above its 10-year median of 1.00. GuruFocus rates SBR with a GF Score™ of 73/100 and a GF Value™ of $50.16 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 435 Oil & Gas companies, Sabine Royalty Trust ranks worse than 77.01% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Sabine Royalty Trust's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.01.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sabine Royalty Trust is 1.00, which seems too high.

The historical rank and industry rank for Sabine Royalty Trust's Dividend Payout Ratio or its related term are showing as below:

SBR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.99 Med: 1 Max: 1
Current: 1

During the past 13 years, the highest Dividend Payout Ratio of Sabine Royalty Trust was 1.00. The lowest was 0.99. And the median was 1.00.

SBR's Dividend Payout Ratio is ranked worse than
77.01% of 435 companies
in the Oil & Gas industry
Industry Median: 0.5 vs SBR: 1.00

As of today (2026-07-16), the Dividend Yield % of Sabine Royalty Trust is 6.61%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sabine Royalty Trust was 13.52%. The lowest was 4.69%. And the median was 7.69%.

Sabine Royalty Trust's Dividends per Share for the months ended in Mar. 2026 was $0.90.

During the past 12 months, Sabine Royalty Trust's average Dividends Per Share Growth Rate was -12.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -15.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sabine Royalty Trust was 40.70% per year. The lowest was -22.50% per year. And the median was 2.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Sabine Royalty Trust (NYSE:SBR) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Sabine Royalty Trust Dividend Payout Ratio Related Terms

Sabine Royalty Trust Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Sabine Royalty Trust's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sabine Royalty Trust Dividend Payout Ratio Chart

Sabine Royalty Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.99

1.00

Sabine Royalty Trust Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															1.00	1.00	1.00	1.00	1.01

SBR vs TEN, PBT, TK: Dividend Payout Ratio Comparison

For the Oil & Gas Midstream subindustry, Sabine Royalty Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sabine Royalty Trust Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sabine Royalty Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Sabine Royalty Trust's Dividend Payout Ratio falls into.

Save Embed

73GF Score

Sabine Royalty Trust SBR

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Sabine Royalty Trust Dividend Payout Ratio Calculation

Sabine Royalty Trust's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	5.038	/	5.04
	=	1.00

Sabine Royalty Trust's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.895	/	0.89
	=	1.01

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.01 mean?

Sabine Royalty Trust (SBR) has a Dividend Payout Ratio of 1.01 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Sabine Royalty Trust and its competitors. This is near median its historical median of 1.00. Over the past decade, Sabine Royalty Trust's Dividend Payout Ratio has ranged from 0.99 to 1.00. According to the industry distribution chart, Sabine Royalty Trust ranks #335 out of 435 companies in the Oil & Gas industry, placing it in the top 77%.

Is Sabine Royalty Trust's Dividend Payout Ratio too high?

Sabine Royalty Trust's current Dividend Payout Ratio of 1.01 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 1.00. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Sabine Royalty Trust's value of 1.01 is 102% above this industry median. Based on the distribution chart, Sabine Royalty Trust ranks #335 out of 435 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Sabine Royalty Trust has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Sabine Royalty Trust's Dividend Payout Ratio compare to TEN and PBT?

According to the Oil & Gas industry distribution chart, Sabine Royalty Trust ranks #335 out of 435 companies for Dividend Payout Ratio. This places Sabine Royalty Trust in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Sabine Royalty Trust's value of 1.01 is 102% above this benchmark. Historically, Sabine Royalty Trust's own Dividend Payout Ratio has ranged from 0.99 to 1.00 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.50, Sabine Royalty Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Oil & Gas company?

The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 435 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sabine Royalty Trust's current Dividend Payout Ratio of 1.01 is 102% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Sabine Royalty Trust and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sabine Royalty Trust's current Dividend Payout Ratio is 1.01, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Sabine Royalty Trust stock overvalued right now?

Based on GuruFocus' analysis, Sabine Royalty Trust (SBR) is currently considered Significantly Overvalued. The stock's GF Value™ is $50.16, compared to a current price of $74.00 — trading 47.5% above its estimated fair value. The current Dividend Payout Ratio is 1.01, which is near median its 10-year median of 1.00 and 102% above the Oil & Gas industry median of 0.50. Sabine Royalty Trust's overall GF Score™ is 73/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Sabine Royalty Trust (SBR), the current Dividend Payout Ratio is 1.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sabine Royalty Trust (SBR) Overvalued in 2026?

Based on GuruFocus' analysis, Sabine Royalty Trust stock appears to be overvalued. The current stock price of $74.00 is trading 47.5% above its estimated GF Value™ of $50.16. GuruFocus considers Sabine Royalty Trust to be Significantly Overvalued.

Key valuation signals for SBR:

Dividend Payout Ratio: 1.01 (near median its 10-year median of 1.00)
GF Value™: $50.16 vs. price of $74.00 (47.5% above fair value)
GF Score™: 73/100 with 10 warning signs
Industry Position: 102% above the Oil & Gas median (#335 of 435)

No single metric tells the full story. See the SBR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sabine Royalty Trust Business Description

Industry Energy Oil & Gas

Comparable Companies TEN PBT TK EE NAT NVGS WHK LPG GLP FLNG TSX:ENB WMB EPD KMI TSX:TRP ET TRGP MPLX OKE LNG

Address Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219

Website https://www.sbr-sabine.com

Sabine Royalty Trust formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interests, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas.

73GF Score

Get the complete analysis for SBR

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$74.00

Price

$50.16

GF Value

View SBR Analysis

See Dividend Payout Ratio data for all stocks →