Royalty Trusts

[eat_beef]

What about them? I'm currently looking at a couple, HTE and AAV. Both are oil/gas, both have yields around 13%.

I'm sitting tight until the current slide is over, but I'm eyeing these. What am I missing? Shouldn't these things kick off a better dividend and rise in price if/when oil/gas take off?

And if someone has a better one than these, I'm all ears.

TIA,

:eating: beef

[Lowjack]

I have been looking at these myself for some time now and would also welcome others opinion of them.

I bought some PVX a few months ago through Scottrade just to see how the whole dividend payout thing worked and how I was taxed. Just like clock work it payed out like 1.2 to 1.3 % per month pre share and if I remember correctly was something like 11.2% per year. There are a few Royalty Trusts that trade on the TSX and US markets like PVX, PGH, PBT and I'm sure a few more.
Others that are only traded on the TSX like PBG, CLL, UTS.

The upside looks 3 fold: Pays high dividend, possible share price increase and if you buy the canadian ones you can make some on the exchange rate with a weakening US dollar. Plus one more being your money is out of the US.

:D

[SilverNuts@Bolts]

As one living in Canada, I like them. I am in the DRIP program, in which the div's are payed out [monthly] in new shares, directly from the company, without having to pay the broker. Currently, I only have Daylight Energy DAY-UN.TO, a nat gas producer. You have to be careful, when picking Trusts. The higher the yield, the more you need to be suspicious. There are hundreds of Trusts and I will name a few. [all on the TSX, I'm afraid]
CWT-UN, CGX-UN, EEE.B, SIF-UN, FDG-UN, FCE-UN, HTE-UN, IPL-UN, IUR-UN, JPL-UN, KCP-UN, LIF-UN, LIV-UN, YLO-UN, VET-UN, TDG-UN, TET-UN, SMU-UN, SQP-UN, NAE-UN, OYR-UN, PES-UN,
Some, mostly larger ones are listed in the States and even in Europe, but most are here, in Canada,