It's interesting to me that even retirement-type NYSE income stocks are spun here. You can see that with the AOD board. Several there refuse to discuss the downside which is that the fancy dividend isn't sustainable and may come from eating up capital. Similarly with MVO I'm about the only one mentioning its termination. Discussion reminds me of when all the HRCT fans tried so hard to please "doc" even as he was walking out the backdoor! Remember that disgusting "Loyalty" competition?
The MVO div apparently includes substantial return of capital, and even that will end as soon as 2026. It HAS been a great investment. Certainly better than California/Arizona homes. But the future is very difficult to predict. And the "story" is much more complex than the latest fat dividend check.
For a good learned discussion of MVO's pros and CONS read:
http://seekingalpha.com/article/244415-what-does-2011-have-in-store-for-mv-oil-trust
Recent MVO News
- MV Oil Trust Announces Trust Second Quarter Distribution • Business Wire • 07/05/2024 08:20:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:13:14 PM
- MV Oil Trust Announces Trust First Quarter Distribution • Business Wire • 04/05/2024 08:15:00 PM
- MV Oil Trust Files 2023 Annual Report on Form 10-K • Business Wire • 03/21/2024 08:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 09:15:04 PM
- MV Oil Trust Announces Trust Fourth Quarter Distribution • Business Wire • 01/05/2024 09:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:15:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 08:15:52 PM
- MV Oil Trust Announces Trust Third Quarter Distribution • Business Wire • 10/05/2023 08:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:11:44 PM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM