David Zanoni
Momentum, growth at reasonable price, long-term horizon

SandRidge Permian Trust: Benefit From The 14.9% Yield

Executive Summary: Investors are likely to benefit from continued double-digit yields with this small-cap royalty trust due to steady commodity prices and new leadership.

For those investors who don't own land in oil and natural gas drilling areas but still want to participate in an investment that is similar to receiving royalty payments may consider owning a royalty trust. SandRidge Permian Trust (NYSE:PER) was designed by SandRidge Energy (NYSE:SD) to distribute most of the cash generated from the Permian interests to unitholders. The trust currently has a forward yield of 14.9% with a payout ratio of 99%. The 1% that is not paid to unitholders is used for administrative expenses, cash reserves, and taxes. As of...

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