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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Bread Upon The Water who wrote (5775)9/10/2010 11:04:03 AM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 34328
 
For now by order of weight I have wrt energy trusts NAL.UN, PGF.UN and PVE.UN..



To: Bread Upon The Water who wrote (5775)9/30/2010 3:09:08 PM
From: E_K_S  Read Replies (1) | Respond to of 34328
 
Hi Vinter -

Stock reacting positive to the announcement of Plan to Convert to Corporation. The proposed monthly dividend payout of CDN$0.18 monthly translates into a 8% yield. Note that PWE and PVX energy trusts also plan to convert to a corporate structure.

Re: Enerplus Resources Fund (ERF)
Penn West Energy Trust Ordinary (NYSE: PWE)
Provident Energy Trust Ordinary (NYSE: PVX)

Enerplus Announces Plan to Convert to Corporation
finance.yahoo.com
From the article:"...Enerplus expects the conversion will become effective January 1, 2011...
<snip>
...Enerplus intends that, following the conversion, Enerplus Corporation would continue to pay dividends on a monthly basis. At this time, Enerplus anticipates that it will maintain the monthly dividend payment at the same rate of CDN$0.18 per common share per month..."
___________________________________

The following companies plan to convert from Canadian Energy Trusts to Corporations.

finance.yahoo.com

Investors are/were expecting a significant cut in the dividend payout(s). So far based on the ERF announcement, there are no significant cuts planned.

On 9/10/2010 PWE announced a cut in their monthly distribution from CDB$1.80/year to $CDN1.08 per year. This reflects a 5.20% yield at the current market price.

EKS