Micro-Cap Dividend Stars (MTR, NGT)
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- Micro-Cap Dividend Stars (MTR, NGT)
More News related to NGT
- Micro-Cap Dividend Stars (MTR, NGT)
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From Dividend.com
Investing in micro-cap stocks (those with less than a $300 million market cap) can be extremely risky. However, we've been able to identify two micro-cap names which, for the past few weeks, have performed well. We've plucked these two energy-related trusts straight from our best dividend stocks section. Please note that there are capital gains implications when investing in trusts, so please consult with a tax advisor before investing. Without further ado, here are our "Future Stars" to watch out for.
Mesa Royalty Trust - $80.40 (NYSE: MTR) has a market cap of $151 million and currently yields 10.20%. The stock is up 8.5% since our recommendation and it is currently rated 3.6 stars out of 5 (our ratings system is explained here). Mesa Royalty Trust holds royalty interests in oil and gas properties primarily located in the United States, and has gained nearly 20% for the year.
Eastern American Natural Gas Trust - $30.41 (NYSE: NGT) has a market cap of $177 million and currently yields 6.30%. The stock is up 6% since our recommendation and it is currently ranked 3.5 stars out of 5. This company engages in acquiring and holding net profits interests in producing gas wells and proved development well locations and is up nearly 14% year-to-date.
Stay on the lookout for these two companies as they continue to grow - their dividend yields are very attractive, and they may not remain in the micro-cap classification for too much longer!
Due to factors including low market capitalization and/or insufficient public float, we consider Mesa Royalty Trust and Eastern American Natural Gas Trust to have above-average risk. You should be aware that such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information, and that postings such as this one can have an effect on their stock prices.
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