https://www.morningstar.com/news/business-wire/ [login to see] 6099/mv-oil-trust-announces-trust-second-quarter-distribution
PROFITS AND DIVIDENDS are the mother's milk of investment.
I have this stock Mike Victor Oscar. It sells for under $10 dollars a share.
It is more like an oil mutual fund. Last quarter, it paid 33 cents a share.
If you buy the stock by July 14th, You are guaranteed 41 cents a share.
This is a perfect example of trickle- down economics. I make at least $6k USD in dividends each year on various stocks.
Higher oil prices mean more profits.
Profit is not a four letter word.
I have 1400 shares. That means This quarter I will get $594.50 USD.
These are taxable, but the taxes are lower under the Trump tax cut.
Some companies pay good dividends.So that way you keep their stock. Some anti -business people who don't understand finance don't understand this.
This is a hint that I want to give some of you who may have some disposable cash and who want to make some profits/dividends without feeling guilty.
~168853:PO1 William "Chip" Nagel]
LTC Eugene Chu