The biggest dividend payer in my portfolio.
AAV
While this stock took a serious beating in Sept 2006, it's made a nice come back. It was crushed when Canadian lawmakers changed the laws for energy trusts that removed the tax breaks for companies that distribute most of the earnings via dividends. However, from what I recall, the law doesn't take effect until Sept of 07....so, until then, it's business as usual and the huge dividends are flowing (into my account, lol). The stock was beat down, so I got in near the bottom....and it's done nothing but go back up after the initial investor panic.
Another nice thing, they are paid monthly so it's a nice little bit of cash for playing other stocks. I just keep a STOP on it, so I have no worries.....love this stock and their 12% yield!
Today's price for historical thread reference: $13.94
AAV - Advantage Energy Trust
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