Should big trust payouts raise flags?

When an income trust begins to pay out close to all its cash flow in the form of cash distributions, should investors be concerned?
In the case of Canadian Oil Sands Trust COS-UN.TO, which raised its quarterly distribution to 75 cents from 55 cents, the answer according to the market appears to be no: The units [...]

Pengrowth Energy Trust declares distribution

Dec 19, 2007 (M2 EQUITYBITES via COMTEX) — PGH – Pengrowth Corporation, administrator of Pengrowth Energy Trust (Toronto:PGF-UN.TO) (NYSE:PGH), which operates an oil and gas royalty trust, reported on 18 December a cash distribution of CAD0.225 per trust unit, relating to the production month of November 2007. The company said the ex-distribution date is 27 December [...]

My Favorite Stock Up 2% Pengrowth Energy Trust (PGH) TODAY!

This awesome stock SHOT UP 2% today alone!  If you havn’t check out Pengrowth Energy Trust (PGH) I would get on it before this baby caps off.  With a 15% dividend wht more can you ask for!

After Hours: 17.89 0.01 (0.06%) as of 4:18PM ET on 12/21/07

Last Trade:
17.88

Trade Time:
4:04PM ET

Change:
0.34 (1.94%)

Prev Close:
17.54

Open:
17.52

Bid:
N/A

Ask:
N/A

1y Target [...]

PrimeWest Energy Trust Announces Target Closing Date for TAQA Transaction

PrimeWest Energy Trust (”PrimeWest”) (TSX: PWI.UN)(TSX: PWX)(TSX: PWI.DB.A)(TSX: PWI.DB.B)(TSX: PWI.DB.C)(NYSE: PWI) confirms that PrimeWest, 1350849 Alberta Ltd. (”Purchaser”) and TAQA North Ltd. (both wholly owned subsidiaries of Abu Dhabi National Energy Company PJSC (”TAQA”)) have agreed that January 16, 2008 will be the target date for completion of the previously announced transaction. PrimeWest will issue [...]

Pengrowth Energy Trust Announces Cash Distribution For January 15, 2008

Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX: PGF.UN) (NYSE: PGH), today announced its January 15, 2008 cash distribution will be Cdn $0.225 per trust unit. The distribution is net of amounts withheld to partially finance capital expenditures. The ex-distribution date is December 27, 2007. The distribution will be payable to all Pengrowth unitholders who [...]

Close
E-mail It