Pacific Coast Oil Trust: Regulatory Fears Unfounded, While Units Yield 15% And Sell At A Discount - Pacific Coast Oil Trust (NYSE:ROYT) | Seeking Alpha
Here is an outstanding article on Pacific Coast Oil Trust (ROYT). The company operates stable oil fields in California, but the stock price has been negatively impacted due to environmental concerns which will most likely not prevail against the company. Therefore, the 15% dividend which is distributed on a monthly basis is probably safe, and there will probably be a future capital gain as well. Moreover, since the stock market is mostly topped out, you will probably only make single digit returns in the future in a lot of stocks. ROYT is a great opportunity for a double-digit gain, and I plan to buy the stock very soon.
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