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BP Prudhoe Bay Royalty Trust Message Board

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  • vickersviscount vickersviscount Dec 1, 2004 3:19 PM Flag

    I Have been waiting for a pullback

    Question:
    Does anyone know if this will affect their dividend yeild?

    For instance, if oil falls to $35, will they suspend or reduce their dividends?

    NOW - $35???? When I bought BPT, oil was $22 a barrel. . .and they were still paying out $2.57 a share at at purchase price of $16!. . .yes, falling oil will impact payout, but I think we are pretty safe here. . .remember, it was only last spring that oil was at $35. . .check Yahoo! profile - historic prices, and check dividends. . .

 
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