Friday, February 27, 2009

Canadian Oil Income Trusts

These Canadian Income Trusts, also known as Canadian Oil Income Trusts or Canadian Royalty Trusts pay a very high income. The trusts pass through all their earnings and deductions from oil and gas wells to the trust holders, similar to real estate investment trusts. There is no taxation at the corporate level since they are structured as trusts. Also, a portion of the dividends may be non-taxable due to depletion and depreciation deductions.

Harvest Energy HTE

Penn West Energy Trust PWE

Pengrowth Energy PGH

Provident Energy Trust PVX

Advantage Energy Income AAV

Enerplus Resources Fund ERF

Baytex Energy BTE

Precision Drilling PDS

Enterra Energy ENT


Wednesday, February 4, 2009

February 2009 Dividend Paying Stocks

One way that you can earn very high returns is utilizing a technique called 'buying dividends'. Buying dividends is the process of buying a stock just before it goes ex-dividend and selling it shortly after the ex-dividend date at the same [or at a higher] price as the cost price. The ex-dividend date is the date after which a buyer of the stock is no longer entitled to the dividend. In other words, if an investor purchases a stock on or after the ex-dividend date, the investor will not receive the dividend; however, if the stock is purchased prior to the ex-dividend date, the investor will receive the dividend on what is called the payment date.

Sometimes you can sell the stock on the ex-dividend date, sometimes you have to hold the stock for a few days, and sometimes you have to hold the stock for a few weeks in order to sell the stock at what you paid or higher. In other words, this technique doesn't always work. But if it is a stock worth holding for the long term, what do you have to lose?


AGN - 02-18 - .04

AIZ - 02-19 - .14

AXB - 02-11 - .32

CPLP - 02-06 - 1.05

CR - 02-25 - .20

GS - 02-20 - .47

HRZ - 02-25 - .11

IGTE - 02-25 - .11

JNJ - 02-20 - .46

MAIN - 02-18 - .13

MCO - 02-18 - .10

MHP - 02/23 - .23

MMLP - 02-04 - .75

NMM - 02-05 - .40

NSC - 02-04 - .34

PCAR - 02-17 - .18

PFE - 02-04 - .32

TDW - 02-27 - .25

TGT - 02-18 - .16

UHS - 02-26 - .08