MVO / MV Oil Trust: Avoid This Dividend Trap

MV Oil Trust is a royalty trust that earns income from crude oil production, with 99% of its income coming from crude. The trust has seen a decline in more_horizontal

MV Oil Trust offers a high dividend yield of 17.5% on a TTM basis but is likely a dividend trap due to its net profits interest agreement expiring in more_horizontal

MV Oil Trust's second quarter distribution was a record-breaking $0.70 per unit. Going forward, this would give the company a whopping 26% yield. more_horizontal

HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the third quarterly payment period ended Septem more_horizontal

HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the third quarterly payment period ended Septem more_horizontal

HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the third quarterly payment period ended Septem more_horizontal

HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the third quarterly payment period ended Septem more_horizontal

HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the third quarterly payment period ended Septem more_horizontal