Pengrowth Energy Trust (USA) (NYSE:PGH)

Didend gives you almost 10% after taxes.

Divends...dividends...dividends. It's trying to keep investors...consider me kept.

This is one of those "Canadian Oil Trusts" that will be bad news after 2011 because of the adjusted taxing structure but until then 15.10% dividend paid monthly will make up for it's loss in 2011

strong CRT

Knocked down earlier this year because of the Canadian Govt. They have lots of cash and pay out a good div

oil has bottomed and is going up with a great dividend

dividends provide hedge

bullish on canadian energy trusts/contrarian play.

The Canadian government is under a great deal of pressure to modify its stance on the Canadian energy trusts. Even if it doesn't, you still have an energy trust with 10 year provable reserves that is paying 15% interest.

mid-cap Canadian energy trusts were hammered by Government proposal (Flaherty); likely modified or rescinded for energy trusts because of comparison with MLPs in USA which have similar pass-through treatment as Royalty Trusts currently enjoy; great valuation and great yield in an industry with long term structural demand growth and limited global supply; Strategic value of North American based oil and gas fields;

I am not as thrilled with this stock as PWE, but it sports a great yield, and a better P/E ratio than AAV, the other Canroy that I am keeping my eye on. The price was slowly declining because of softening oil prices, but it was hit really hard with the announcement of the tax change in 2011. This stock actually seems less volatile than PWE when comparing charts of the past year, but I think both of these will be good picks in the coming years. Either way, I think that this stock is in a good position for the future. It is down becuase of the tax law changes, but those won't take effect for four years. During this transition period, the oil trusts can change into corporations with no tax penalties. Once oil starts to rise, expect this stock to appreciate rapidly. While we wait for that, enjoy getting 15% dividends.

The bad news from the Canadian government, that oil&gas royalty trusts will be taxed beginning in 2010, has already been reflected in the price, and along with a comfortable double-digit dividend, should provide for a safe investment and an attractive return, not including any price appreciation which might occur. See also similar investments like CNE or HTE.

Maybe not as much upside as initally thought but can't lose at this price.

trust taxation in canada is pushing this stock too low. alberta oil sands the future still

Really been hammered by government tax rule changes that will not affect operations till 2011. 15% yield at a 20% discount, what a deal! Look for 20 or better by summer.

Great dividend. Too bad CAPS doesn't credit dividends towards players' performance ratings. Yeah it got bashed by Canadian gov't tax change but this change won't go into effect for several more years. Things can change in the meantime.

canadian oil trust

Great dividend, this Trust will grow and recover from Canadian Govmt clampdown on Trusts

high dividend paying energy stock low downside large upside plus monthly dividend