Tuesday, October 29, 2013

Enduro Royalty Trust (NDRO): This Beaten Down Royalty Trust Offers An 11% Dividend Yield And Trades Below Book Value - Seeking Alpha

Enduro Royalty Trust (NDRO): This Beaten Down Royalty Trust Offers An 11% Dividend Yield And Trades Below Book Value - Seeking Alpha

Here is a good article on NDRO with some interesting comments about the company following the article. Enduro Royalty Trust pays an annual dividend of more than 11% in monthly installments.  The reward is probably worth the risk unless a big negative news event happens.  I already own another royalty trust, PBT, and I may buy NDRO also.


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