macsmart

Canadian Energy Trusts: The Best Long Term Income and Dollar Hedge? (Part 2)

I'd love to know what Cliff thinks of BP. As a previous owner of many Canroys, I've slowly been getting out of them and switching to MLP's. But BP is paying a very handsome dividend. A lot of BP is natural gas though, and that worries me.


On Mar 27 07:58 AM GD wrote:

> In reading your articles, I find continued optimism, with little
> background of the ongoing chemistry/events of of the market.
>
> You avoid commenting on the impact at the end of 2010 [21 months
> from now]. These investments may surprise in the "interim" by changing
> to corporate structure, thereby reducing divs etc.
> Also not discussed[even if the trusts do not convert], is the impact
> of US investors paying tax in th30%+ range on the divs.
> Following the follwoing Board will give insights as to the furture
> of the CANROYS
> www.investorvillage.co...;pt=m
>
> For me, I'm out of Canroys for good , untill I see the results of
> 2011
>
> There are numerous othe US trust opportunites that good buys right
> now-BPT, CRT, NRT, PBT etc. Also BP looks good.

The High Dividend Stock Investor's Collapsing Dollar Survival Guide, Part 3

I own several of these stocks; have owned Atlantic Power for years, and the dividends just keep rolling in monthly. It doesn't matter to me that the price has been fluctuating; I've just bought more when it goes down.

Recently bought T and VZ paying over 6% quarterly. They both are well captialized; the dividends appear solid, and people are not going to stop using wireless phones.

Three Top Canadian Royalty Trusts

HTE and PWE are big enough and strong enough to maintain their dividends for some time. HTE also has a refinery. Since the price of oil is down, refinery costs are down, providing protection for the investor.

I own numerous Canroys. I believe they will come back, but I sold my PVX. It has done nothing but drop even when oil prices were still high. Instead, I've bought MLP's. ETP, EPD, PVR and NSH. NS and NSH both are infrastructure plays...production of asphalt. They are going to need a lot of asphalt for those roads Obama is going to build.