Bpt
This is NOT a recommendation to own this name... it's just another example or at this point A REMINDER of why DIVIDEND INVESTING (nothing more than a particular style)... has proven to be a good thing OVER TIME....
I own 20,000 shares of this name... but what's important for 102 is -- I just got a RAISE for doing nothing. Not much of a raise... but a raise is a raise -- and over time raises in the dividend rate can keep you ahead of inflation...
And even more importantly --- A raise is on your cost basis! So over time you're earning a higher and higher PERCENTAGE on your investment!
I'm actually now being paid 13.56% on this investment because my cost basis is $89.41 a share.
See how that works! Sweet!
BP Prudhoe Bay Royalty Trust (NYSE:BPT) announced a quarterly dividend on Monday, July 7th, Analyst RN reports. Investors of record on Tuesday, July 15th will be paid a dividend of 3.0326 per share on Sunday, July 20th. This represents a $12.13 annualized dividend and a dividend yield of 12.47%. The ex-dividend date is Friday, July 11th. This is an increase from BP Prudhoe Bay Royalty Trust’s previous quarterly dividend of $3.01.
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