Categories: Dividends

Earn 11.3 Percent or More as U.S. Oil Demand Wanes in 2014

Earn 11.3 Percent or More as U.S. Oil Demand Wanes in 2014 (WSJonline)

As the U.S. Energy Information Administration (EIA) lowers its forecast for crude oil demand in 2014, companies in this sector stand to make a bundle… As do their investors. And Pacific Coast Oil Trust (ROYT) already is ahead of the curve in this respect. The trust announced a 4 percent increase in its monthly distribution, meaning its dividends are now yielding 11.3 percent. The reason that EIA lowered its demand forecast is that bad weather will temporarily halt the use of crude oil this winter, and they expect additional delays as we march into 2014. That’s music to the ears of ROYT investors, as they’ll gladly collect their 11.3 percent monthly dividend checks all year long. Will you join them in 2014?

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.

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