As the U.S. Energy Information Administration (EIA) lowers its forecast for crude oil demand in 2014, companies in this sector stand to make a bundle‚?¶ As do their investors. And Pacific Coast Oil Trust (ROYT) already is ahead of the curve in this respect. The trust announced a 4 percent increase in its monthly distribution, meaning its dividends are now yielding 11.3 percent. The reason that EIA lowered its demand forecast is that bad weather will temporarily halt the use of crude oil this winter, and they expect additional delays as we march into 2014. That‚??s music to the ears of ROYT investors, as they‚??ll gladly collect their 11.3 percent monthly dividend checks all year long. Will you join them in 2014?
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