San Juan Basin Royalty Trust (SJT)

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  • commenter
    Darkseas
    Jul 25 06:43 PM
    3 Portfolios for a Steady Cash Flow [view article]
    It's important to note that HTE, ERF, and PWE are Canadian companies. That means that they must withhold 15% tax on the distribution.

    I'm not an accountant, but I believe that if you hold the stock in a tax-deferred or tax-free (Roth) account, you cannot deduct that tax. The Canadian companies tend to have higher payouts, and you should do the math to see if that compensates.

    Canada is considering legislation to substantially increase the tax on distributions from pass-through entities. The current proposal includes a phase-in until 2011, but it's not clear how things will turn out.

    Bottom line: If you're paying U.S. taxes, it's probably less of a hassle to go with CRT, SJT, and/or HGT.     Reply
  • commenter
    Enfant
    Terribles
    Jul 25 05:43 PM
    3 Portfolios for a Steady Cash Flow [view article]
    Mr. Kosnett, you just made my "Favorite Authors" list (there are two of you now...) Great article! Reply
  • commenter
    notsosmart
    Jul 25 01:26 PM
    My Website
    3 Portfolios for a Steady Cash Flow [view article]
    regardless if you are working or retired bear in mind that the 5 daily needs are rising at app. 15-16%.so these returns are better than most but not quite good enough.i have no agenda or connections but check out FRO & NAT.no one has figured out a way to pave over the ocean & oil can be piped or shipped. so these co's with their doubled hull tankers will do well in the near future. Reply
  • commenter
    dunn
    Jul 25 12:42 PM
    3 Portfolios for a Steady Cash Flow [view article]
    Perhaps I can thorough in a question bugging me. In a tax deferred account (college 529 plan) for the next 6 months to 1 year, which of these 2 invesments should have the better return? It is expected that interest rates will be on the increase, so money market rates will also increase. How will a inflation protected fund like Vanguard VIPSX do compared to a money market? Reply
  • commenter
    granger
    Jul 25 09:12 AM
    3 Portfolios for a Steady Cash Flow [view article]
    Great article.

    I currently user EFR and FCO for my monthly bond income. I also have some exposure to RCS and CHY. From the energy sector I use ERF. In real estate I use IGR.

    These are just a few. I love the monthly income flow. Currently, I am just plowing it back through reinvestment, but can turnthe spickey on at any time.

    Anyone else have some monthly ideas?     Reply
  • commenter
    thelittlebul
    ldog
    Jul 25 09:01 AM
    3 Portfolios for a Steady Cash Flow [view article]
    This is an excellent article and one that give a lot of information. I believe many people will find this helpful and I just love the specific recommendations at the various risk/reward levels. I'm emailing this to some of my friends. Reply
  • commenter
    Torrey
    Jul 11 10:39 AM
    Year-End List of Monthly Dividend Stocks (updated) [view article]
    PNW, your comment about the 15% withholding on dividends from Canadian companies to US persons ending as of 2011 is interesting. Where did you get that info? Thanks!


    Reply
  • commenter
    PNW
    Jul 09 11:07 PM
    Year-End List of Monthly Dividend Stocks (updated) [view article]
    Spot on, dividends are a beautiful thing. Two thoughts relative to your reservations about Canadian Royalty trusts.
    1. Yes, they are taxable in 2011, but most (ERF for example) have enought tax credits currently in place to be effectively tax free for many years after 2011.
    2. In 2011 the 15% tax withholding on the dividends by the Canadian Government for US tax payers does go away. Also, part of that withholding is refundabled when you file you tax return...amount depends on % the foreign dividends are of your total taxable income. And, even if you simply reduce the dividend by 15% you still have a dividend yield over 10% on many of the trust. Side note, if you happend to have owned the trusts for a number of years you have watch the value of the looney vs. the $ significantly increase the dividend yield. Some think futher looney appreciation is in the cards.


    On May 31 02:07 AM FrankGiaa wrote:

    > Dividend stocks are a beautiful thing. The information about them
    >
    > however is scattered across the web to where it is difficult to find
    >
    > them and chose the right ones for your portfolio.
    > When you select them you want to diversify in different sectors.
    > Also
    > one has to look ahead and avoid costly mistakes – 2 examples are:
    >
    >
    >
    > A. Canadian energy royalty trusts – good monthly dividends right
    > now,
    > but 2 things turned me away from these stocks:
    >
    >
    > 1. You pay 15% foreign tax each month on the received dividend <br/>2.
    > Tax laws in Canada are changing in 2011 to start taxing the trusts
    >
    > and to significantly increase the dividend tax the foreign investors
    >
    > will be paying
    >
    >
    > B. US OIL royalty trusts – the problem here is that these stocks
    > will
    > exist only until the property they are linked to has oil to produce.
    >
    > Ones oil is gone trust disappears and so is your money. So you have
    > to
    > cash out before that happens. I am not good at timing these events
    > so
    > I decided to stay away.
    > So after doing my research on dividend paying stocks I chose these
    > 6
    > sectors to get in:
    >
    >
    > Telecommunications, Energy, Financials, Tobacco, Oil/Drilling and
    >
    > Shipping
    > I went with these stocks, that I believe will give me best long term
    >
    > dividend returns: CEL, CPL, PM, DPO, IID, RSF, GDOCF, ITKSF and SDRLF
    >
    >
    >
    > 1. CEL - Cellcom Israel Ltd. (Cellcom) is a provider of cellular
    >
    > communications services in Israel
    >
    >
    > 2. CPL - CPFL Energia SA is a holding company engaged, through its
    >
    > subsidiaries, in the distribution, generation and commercialization
    > of
    > the electricity in Brazil
    >
    >
    > 3. DPO - Dow 30 Enhanced Premium & Income Fund Inc. (the Fund) is
    > a
    > diversified, closed-end management investment company. Monthly <br/>dividend
    > payer
    >
    >
    > 4. IID - ING International High Dividend Equity Income Fund (the
    > Fund)
    > is a non-diversified, closed-end management investment company. Pays
    >
    > good monthly dividend
    >
    >
    > 5. RSF - RMK Strategic Income Fund, Inc. (the Fund) is a diversified,
    >
    > closed-end management investment company. Pays huge monthly dividend
    >
    >
    >
    > 6. GDOCF – A Bulk shipper with a huge dividend - www.goldenocean.no/.
    >
    > Best thing – stock is still under $7. Frontline (FRO) spin-off child
    >
    >
    >
    > 7. ITKSF – A petroleum tanker Company, no dividend yet but surely
    > one
    > is coming as it is a Frontline (FRO) child -
    > www.frontline.bm/repor.... Stock is
    >
    > under 2 bucks, but it started trading just recently after Frontline
    >
    > (FRO) spin off.
    >
    >
    > 8. SDRLF – Deep water oil drilling Company - www.seadrill.com/,
    >
    > good dividend projected to largely increase in 2009
    >
    >
    > 9. PM – Philip Morris international – no introduction needed here.
    >
    > needs also a growth stock piece as well. Stocks such as V, RIO, PBR,
    >
    > UNP, etc. are a nice addition as well.
    >
    >
    > Well that is all and I hope it helps in your dividend hunting journey
    >
    >
    >
    > Good luck and best regards.
    >
    >     Reply
  • commenter
    Geoff
    Considine
    Jul 08 10:37 AM
    My Website
    The Do-It-Yourself Market-Neutral Portfolio [view article]
    Steve:

    Over the last 12 months, I get about the same result--depending on whether you drop OMM when it was delisted due to acquisition or substitute its acquirer. Either way, the portfolio is down by an amount close to the S&P500, as you suggest. That said, note that the R^2 of 20% or less over long periods of time means that it is not really a good idea to benchmark against something like the S&P500--most of the volatility in the portfolio is not due to moves in the S&P500. A "market neutral" apporoach that has fairly high volatility (like this one) may not drop when the market drops--or it may--the market direction is not the driver. In this case, the credit crisis has been a big driver because of the exposure to banks here.

    This kind of portfolio is a good one to monitor over the long haul--thanks for the reminder :)

    Geoff     Reply
  • commenter
    Steveal50
    Jul 08 06:07 AM
    The Do-It-Yourself Market-Neutral Portfolio [view article]
    Geoff,

    Any comment on this article in the light of a subsequent years performance?

    The banks were hammered, of course, but the overall performance seems right in line with the indices.

    Steve     Reply
  • commenter
    repubbeatdow
    n
    Jun 17 07:41 PM
    My Website
    San Juan Basin Royalty Trust: Earnings Estimates Are Too Low [view article]
    how is it that we spend $150B a year on Iraq and get no oil, but when the demos propose $15B a year for alternative energy, that is unacceptably high. hope Bush has a great retirement, and is selected CEO of an artificial limbs maker. if not, let's promote a cage match between Bush and bin Laden with flamethrowers. whomever comes out alive gets 50% of the pay per view take, the rest goes to Iraqi orphans and hospitals. Reply
  • commenter
    FrankGiaa
    May 31 02:07 AM
    Year-End List of Monthly Dividend Stocks (updated) [view article]
    Dividend stocks are a beautiful thing. The information about them
    however is scattered across the web to where it is difficult to find
    them and chose the right ones for your portfolio.
    When you select them you want to diversify in different sectors. Also
    one has to look ahead and avoid costly mistakes – 2 examples are:


    A. Canadian energy royalty trusts – good monthly dividends right now,
    but 2 things turned me away from these stocks:


    1. You pay 15% foreign tax each month on the received dividend
    2. Tax laws in Canada are changing in 2011 to start taxing the trusts
    and to significantly increase the dividend tax the foreign investors
    will be paying


    B. US OIL royalty trusts – the problem here is that these stocks will
    exist only until the property they are linked to has oil to produce.
    Ones oil is gone trust disappears and so is your money. So you have to
    cash out before that happens. I am not good at timing these events so
    I decided to stay away.
    So after doing my research on dividend paying stocks I chose these 6
    sectors to get in:


    Telecommunications, Energy, Financials, Tobacco, Oil/Drilling and
    Shipping
    I went with these stocks, that I believe will give me best long term
    dividend returns: CEL, CPL, PM, DPO, IID, RSF, GDOCF, ITKSF and SDRLF


    1. CEL - Cellcom Israel Ltd. (Cellcom) is a provider of cellular
    communications services in Israel


    2. CPL - CPFL Energia SA is a holding company engaged, through its
    subsidiaries, in the distribution, generation and commercialization of
    the electricity in Brazil


    3. DPO - Dow 30 Enhanced Premium & Income Fund Inc. (the Fund) is a
    diversified, closed-end management investment company. Monthly
    dividend payer


    4. IID - ING International High Dividend Equity Income Fund (the Fund)
    is a non-diversified, closed-end management investment company. Pays
    good monthly dividend


    5. RSF - RMK Strategic Income Fund, Inc. (the Fund) is a diversified,
    closed-end management investment company. Pays huge monthly dividend


    6. GDOCF – A Bulk shipper with a huge dividend - www.goldenocean.no/.
    Best thing – stock is still under $7. Frontline (FRO) spin-off child


    7. ITKSF – A petroleum tanker Company, no dividend yet but surely one
    is coming as it is a Frontline (FRO) child -
    www.frontline.bm/repor.... Stock is
    under 2 bucks, but it started trading just recently after Frontline
    (FRO) spin off.


    8. SDRLF – Deep water oil drilling Company - www.seadrill.com/,
    good dividend projected to largely increase in 2009


    9. PM – Philip Morris international – no introduction needed here.


    One more thing to add – dividend stocks are great but any portfolio
    needs also a growth stock piece as well. Stocks such as V, RIO, PBR,
    UNP, etc. are a nice addition as well.


    Well that is all and I hope it helps in your dividend hunting journey


    Good luck and best regards.


    Reply
  • commenter
    Michael
    Filloon
    (legmaker)
    May 20 10:47 PM
    My Website
    San Juan Basin Royalty Trust: Better News Ahead [view article]
    Not to many people on this one, I think it is a great position. Reply
  • commenter
    radams9
    May 17 11:37 AM
    Want Monthly Dividends? 150 Stocks that Pay [view article]
    Canadian w/h tax is very poorly treated recovery if you are in the top tax bracket in taxable accounts. Also beware of the treatment in AMT Reply
  • commenter
    Mmarrkk
    May 16 04:17 PM
    San Juan Basin Royalty Trust: Earnings Estimates Are Too Low [view article]
    Economy did great under Bill C., AFTER the GOP tax cuts were put in place. And then at the end of his terms, we had a nice little drop into a slowdown which didn't manifest itself until a year after he was out of office, but be very clear, it was caused by the previous admin's lack of action/direction.

    Your international investments won't be safe as Hussein/Hillary will let the tax cuts die and you will see massive increases in capital gains and dividend tax rates, no matter what company you are invested in. And if you own oil/gas, look out. They want to screw those over extra special.

    And is there really a republican running for president? I believe there are 3 demoncrats/socialists running. One just so happens to have an R next to his name. But he is not a republican. He is the lesser of the 3 evils, but he will cause massive problems too. Kind of like a choice between a 7.9, 7.6 or a 7.1 earthquake. You'll choose the 7.1 but rather have none at all     Reply

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