BP Prudhoe Bay Royalty Trust: For Dividend-Oriented Investors

It's not the most politically correct play, but for those seeking dividends first, capital appreciation second, consider BP Prudhoe Bay Royalty Trust (BPT).



The trust distributes royalties on 16.4% of the first 90,000 barrels per day (bpd) of average daily production per quarter from BP Plc.'s (BP) share of the Prudhoe Bay oil field.



The current annual dividend is $8.08 per share, good for an impressive 7.6% yield at the current trust price. BPT fell $1.61 to $105.51 in Thursday afternoon trading.

Continue reading BP Prudhoe Bay Royalty Trust: For Dividend-Oriented Investors

BP Prudhoe Bay Royalty Trust: For Dividend-Oriented Investors originally appeared on BloggingStocks on Wed, 13 Oct 2010 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Full story at http://www.pheedcontent.com/click.phdo?i=e95dc5b741e6705119802fe4b5102d9d