Dividend Flows Don’t Lie: The $0.03 mark is well within reach for Enduro Royalty Trust (NYSE:NDRO).

Dividend Flows Don't Lie: The $0.03 mark is well within reach for Enduro Royalty Trust (NYSE:NDRO).

Enduro Royalty Trust (NYSE:NDRO) is expected to pay $0.03 on Dec 14, 2016. The indicated annual dividend is $0.34. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Enduro Royalty Trust’s current price of $3.71, the dividend is 0.75%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 18, 2016. The stock decreased 0.99% or $0.04 on November 25, hitting $3.71. About 2,213 shares traded hands. Enduro Royalty Trust (NYSE:NDRO) has risen 6.94% since April 25, 2016 and is uptrending. It has outperformed by 0.92% the S&P500.

Enduro Royalty Trust is a statutory trust formed by Enduro Resource Partners LLC (Enduro), as trustor, The Bank of New York Mellon Trust Company, N.A. (the Trustee), as trustee, and Wilmington Trust Company (the Delaware Trustee), as Delaware Trustee. The company has a market cap of $120.90 million. The Trust was created to acquire and hold for the benefit of the Trust unitholders a net profits interest representing the right to receive approximately 80% of the net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico held by Enduro as of the date of the conveyance of the net profits interest to the Trust (the Net Profits Interest). It has a 12.78 P/E ratio. The properties in which the Trust holds the Net Profits Interest are referred to as the Underlying Properties.

Insitutional Activity: The institutional sentiment decreased to 1.11 in Q2 2016. Its down 0.18, from 1.29 in 2016Q1. The ratio dived, as 3 funds sold all Enduro Royalty Trust shares owned while 4 reduced positions. 4 funds bought stakes while 5 increased positions. They now own 18.95 million shares or 0.02% less from 18.95 million shares in 2016Q1.
King Luther Cap Management holds 20,000 shares or 0% of its portfolio. Cohen Mgmt has 12,452 shares for 0.01% of their US portfolio. Creative Planning accumulated 1,000 shares or 0% of the stock. Morgan Stanley reported 69,301 shares or 0% of all its holdings. Peak6 Invs L P last reported 9 shares in the company. Jpmorgan Chase And last reported 46,219 shares in the company. Royal Natl Bank Of Canada holds 101,100 shares or 0% of its portfolio. The Texas-based Holt Ltd Liability Corp Dba Holt Prtn L P has invested 0.07% in Enduro Royalty Trust (NYSE:NDRO). Botty Investors Ltd Liability Corporation holds 1.29% of its portfolio in Enduro Royalty Trust (NYSE:NDRO) for 607,531 shares. National Bank Of America De owns 1,500 shares or 0% of their US portfolio. Moreover, Lucas Mngmt has 0.38% invested in Enduro Royalty Trust (NYSE:NDRO) for 144,901 shares. Spot Trading Lc has 5,529 shares for 0% of their US portfolio. Us Fincl Bank De has 600 shares for 0% of their US portfolio. Deutsche Commercial Bank Ag has 0% invested in the company for 7,715 shares. Regions Financial owns 21,377 shares or 0% of their US portfolio.

More recent Enduro Royalty Trust (NYSE:NDRO) news were published by: Marketwatch.com which released: “Enduro Royalty Trust downgraded to sell from hold at Stifel Nicolaus” on November 05, 2011. Also Seekingalpha.com published the news titled: “Enduro Royalty Trust Pays Solid 10% Distiribution” on January 29, 2014. Seekingalpha.com‘s news article titled: “Enduro Royalty Trust Is A Good Investment” with publication date: November 14, 2013 was also an interesting one.

NDRO Company Profile

Enduro Royalty Trust (the Trust), incorporated on May 3, 2011, is a statutory trust formed by Enduro Resource Partners LLC (Enduro), as trustor, The Bank of New York Mellon Trust Company, N.A. (the Trustee), as trustee, and Wilmington Trust Company (the Delaware Trustee), as Delaware Trustee. The Trust was created to acquire and hold for the benefit of the Trust unitholders a net profits interest representing the right to receive approximately 80% of the net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico held by Enduro as of the date of the conveyance of the net profits interest to the Trust (the Net Profits Interest). The properties in which the Trust holds the Net Profits Interest are referred to as the Underlying Properties. Enduro is engaged in the production and development of oil and natural gas from properties located in the Rockies, the Permian Basin of west Texas and southeastern New Mexico, and the Arklatex region of Texas and Louisiana.

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