Where do you think the price of crude oil will be in the coming quarters - up, down, or sideways? The US Energy Information Administration (the EIA) sees oil prices continuing to stay at better levels in 2017 and 2018. This trust yields 13.55% on a trailing basis. But its last two quarterly distributions jumped by over 60% vs. the previous two. Its forward yield should be ~16% due to higher payouts and higher oil prices. It issues a 1099 at tax time - no K-1.
If you're looking for exposure to the price of oil, there are some trusts out there which can accomplish that and pay you an attractive distribution yield. We just dipped our toe in the water with MV Oil Trust (NYSE:MVO), a pure play trust which gets over 98% of its income from oil. We'd like to hear from you about your favorites. The Trust was formed on August 3, 2006, under the Delaware Statutory Trust Act pursuant to a Trust Agreement among MV Partners, LLC, a Kansas limited liability company, as trustor, The Bank of New York Mellon Trust Company, N.A., as Trustee, and Wilmington Trust Company, as Delaware Trustee.
Source: Seeking Alpha
Related Articles:
- 7 Dividend Stocks Delivering The Secret To Success
- International Securities For A Diversified Income Portfolio
- International Securities For A Diversified Income Portfolio
- 6 Dividend Stocks That Gave Me A 20%+ Annualized Return
- 3 Simple Steps For A Successful Retirement
A 14% Yield With Upside Potential On A Pure-Play Trust
Posted by D4L | Friday, October 20, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.