It will probably hit 17 next week. the last div reduction was .13 approx 14.6% and the stock tanks four points.That seemed excessive. Did you have any ideas on it? There are 34 or so distributions left. The stock price at the time was 19. So each capital return per quarter should be 19/34 = .56
Ok that is pretty high. I see why the units dropped so far. That only left .20 as the dividend portion of the distribution. The value of this trust is very much tied to the price of oil.
What basis do you use to ascertain what the unit price should be?
On the last run I sold over 20 way before EX date. This time around EX date will be second part of February, too close to another FC. If I make 2 P/S I am happy, 10 grand in four weeks. I will not wait for EX date.