|Bid||14.26 x 20000|
|Ask||14.47 x 19700|
|Day's Range||14.33 - 14.64|
|52 Week Range||14.31 - 32.00|
|Beta (3Y Monthly)||-0.04|
|PE Ratio (TTM)||2.83|
|Forward Dividend & Yield||3.60 (22.28%)|
|1y Target Est||N/A|
Investors who saw the previous quarter's dividends were probably wondering why this past quarter's payout was so paltry.
While the royalty trust pays an eye-popping dividend today, Kinder Morgan’s payout is on a much more sustainable footing for the long term.
With its payout intricately tied to oil prices, a decline in Brent and West Texas Intermediate crude oil dragged down shares of the trust.
I’ve been keeping an eye on BP Prudhoe Bay Royalty Trust (NYSE:BPT) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment,Read More...