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.