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PER Royalty Trust Sandridge Permian Trust Paying A Baker’s Dozen

(Update:  SOLD PER)  Sandridge Permian Trust is a royalty income trust that can be purchased at $18.56, paying about 13%.  This was way up at $24 but appears to be bottoming.  If you are not familiar with a royalty trust, be sure and conduct some research to ensure you understand what you own.  PER is oil and gas in Texas.  Buy no more than 1% of the portfolio for a long term hold.

This is good for your IRA.  And the dividends may actually increase thru 2013-we will see.

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