Home > Boards > US Listed > Oil/Gas/Natural Energy Production > Sandridge Mississippian Trust (SDT)

well look at the dividend history, it will

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
catdaddyrt Member Profile
Member Level 
Followed By 271
Posts 27,664
Boards Moderated 3
Alias Born 12/04/08
160x600 placeholder
catdaddyrt Member Level  Tuesday, 03/03/15 05:50:07 PM
Re: Mork1 post# 73
Post # of 97 
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


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences