Sandridge Mississippian Trust (SDT)

[catdaddyrt]

well look at the dividend history, it will continue to sink as there are no new wells being drilled to up production - as production falls the royalty based dividend falls with it. Now it was set up where more wells could be drilled but alas none have.


SD is the mother ship which is late in the 15th round and all bloody and beat up - might check that board also


When I buy SD again I will hold this for the divi as a crazy hedge over time but SD moved quick last time and I sold 2 positions for profit -

at 3.80 a .30 divi is pretty good imo -I think it has bottomed here around the 3.50 -3.80 range