Tel Offshore Trust (TELOZ)
Forward Annual Dividend Rate4: 4.61
Forward Annual Dividend Yield4: 57.60%
Trailing Annual Dividend Rate3: 4.27
Trailing Annual Dividend Yield3: 55.60%
5 Year Average Dividend Yield4: 10.50%
Payout Ratio4: 96%
Dividend Date3: 10-Oct-08
Ex-Dividend Date4: 26-Sep-08
Last Split Factor (new per old)2: N/A
Last Split Date3: N/A
TELOZ: Key Statistics for TEL OFFSHORE TRUST - Yahoo! Finance
This was in a new release a couple of months ago.
"The Trust has engaged an outside auditor for the purpose of reviewing the books and records of certain Working Interest Owners with respect to Trust properties and the related payments to the Trust. Based on the initial report of this auditor, the Trustees believe that certain errors have occurred and are involved in ongoing discussions with such Working Interest Owners to resolve these items. As part of this process, certain adjustments have been made by the Working Interest Owners and are reflected in the information presented for the third quarter of 2008. At this time, no assurance can be provided as to the ultimate outcome of the remaining items under discussion."
TEL Offshore Trust Announces Third Quarter 2008 Distribution: Financial News - Yahoo! Finance