Sitio Royalties (STR) Dividends & Splits

Sitio Royalties Corp. (STR) is a company known for its impressive dividends and splits. The company offers a generous dividend yield to its shareholders, providing them with a steady income stream. The dividend yield is a measure of the annual dividend payment divided by the stock's current price. It indicates the return on investment that shareholders can expect from owning the stock. The payout ratio, on the other hand, is the proportion of earnings that a company pays out in dividends. Sitio Royalties Corp. has maintained a healthy payout ratio, ensuring that it retains enough earnings for future growth and investment opportunities.

As for its dividend ex-date, it is the date on which a stock trades without its dividend. Investors who purchase the stock on or after this date will not be eligible to receive the upcoming dividend payment. Sitio Royalties Corp. occasionally undergoes stock splits, which involve dividing the existing shares into multiple shares. This is typically done to make the stock more affordable and increase liquidity. The split multiple indicates the ratio at which the shares are split. For instance, if the split multiple is 2-for-1, each shareholder will receive two shares for every one share they previously owned.