Top Financial Companies To Buy Right Now: Sabine Royalty Trust(SBR)
Sabine Royalty Trust receives a distribution of royalty and mineral interests from Sabine Corporation. Its royalty and mineral interests, include landowner?s royalties, overriding royalty interests, minerals, production payments, and other non-participatory interests in various producing and proved undeveloped oil and gas properties in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. The company was founded in 1982 and is based in Dallas, Texas.
Advisors' Opinion:- [By Lawrence Meyers]
The Sabine Royalty Trust (SBR) is diversified from a geographical perspective, with interests spreading across both producing and undeveloped gas properties in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas. It essentially operates as a holding company into which all the royalties get deposited and all the money gets distributed to shareholders via its 9.2% yield.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-financial-companies-to-buy-right-now-3.html
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