LIDESHOW: 10 Top DividendRank Stocks
By Canada Stock Channel Staff, updated Thursday, May 30, 7:18 AM
#8. Eagle Energy Trust (TSE:EGL.UN.CA) — 13.7% YIELD
At #8, The Trust is an energy trust created to provide investors with a publicly traded, oil and natural gas focused, distribution producing investment, with favorable tax treatment relative to taxable Canadian corporations. Co.'s activities are restricted to owning property (other than real property or interests in real property), and it does not carry on business. The strategy of Co. is to make investments in subsidiaries that will enable them to acquire and exploit long-life hydrocarbon reserves, including the Salt Flat Interest, in certain established on-shore production basins in the U.S. Co.'s subsidiaries acquire, develope and produce petroleum reserves in the United States.
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