|Daily Range||$6.33 - $6.59|
|52-Week Range||$6.00 - $15.00|
|Dividend (Yield)||$1.94 (32.9%)|
Dividend Pay Date
|Average Daily Volume||508,950|
|Current FY EPS||$1.80|
SANDRIDGE MISSISSIPPIAN TR II COM (SDR) Description
SANDRIDGE MISSISSIPPIAN TR II COM Website: http://www.sandridgeenergy.com/
With 17 years left before the SandRidge Mississippian Trust II closes up shop, will the trust return enough in distributions to make it a worth while investment?
With 17 years left before the Sandridge Permian Trust closes up shop, will the trust return enough in distributions to make it a worth while investment?
Yield-starved investors can be attracted to the sky-high yields offered by royalty trusts, but these yields are a fantasy. This article explains why two specific royalty trusts are poor long-term investments, especially compared to Linn Energy, a MLP with a high, safe yield and a strong track record of growth.
If you don't know what oil and gas royalty trusts are, this is a pretty good place to start.
Royalty trusts offer mouthwatering yields of 20%-40% but come with a catch that makes them bad long-term investments. This article explains why income investors should steer clear of Royalty trusts and instead choose high-quality, high-yielding upstream MLPs instead.
The income from a royalty trust like BP Prudhoe Bay Royalty Trust, SandRidge Mississippian Trust I, or SandRidge Mississippian Trust II fluctuate, making these one of the worst ways you could supplement Social Security.