MV Oil Trust (MVO)
Market Closed
29 Jul, 20:00
NYSE NYSE Primary $
0. 60
0
0%
$
6.89M Market Cap
6.57 P/E Ratio
1.5% Div Yield
658,807 Volume
0 Eps
$ 0.6
Previous Close Investors:
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Why MV Oil Trust Is A Bad Investment Now
MV Oil Trust terminates next year. The anticipated payouts are much lower than the current unit price. The cash reserves would only add $0.09 upon the trust's termination.
Seekingalpha | 1 year ago
MV Oil Trust: 17% Yield, But The Clock Is Ticking
MV Oil Trust, a term trust focused on crude oil, will terminate on June 30, 2026, with no further distributions post-termination. Despite stable earnings and high yield, MVO's declining unit price and impending termination suggest selling now to avoid potential losses. MVO's price has dropped 32% since its last 4 ex-dividend dates, starting 10/13/23) making it less attractive despite its high trailing dividend yield of over 17%.
Seekingalpha | 1 year ago
