royalty trust


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Royalty Trust

A corporate structure for companies involved in oil, gas, mining, or similar industries. In a royalty trust, profits are not subject to corporate taxation, provided that at least 90% are distributed as dividends to shareholders. Royalty trusts prevent double taxation of dividends. Royalty trusts are generally publicly traded and their shares behave just like ordinary stocks. They exist in both Canada and the United States. T. Boone Pickens created the first royalty trust in 1979.

royalty trust

An ownership interest in certain assets, generally crude oil or gas production and real estate. Unlike the usual corporate organization, a trust arrangement permits income and tax benefits to flow through to the individual owners. Thus, some investors argue that a trust produces more value for the owners.
References in periodicals archive ?
M2 EQUITYBITES-March 6, 2018-Sabine Royalty Trust declares distribution of USD0.
BANKING AND CREDIT NEWS-December 20, 2017-San Juan Basin Royalty Trust declares December cash distribution
International Resource News-December 20, 2011--Permian Basin Royalty Trust announces cash distribution(C)1994-2011 ENPublishing - http://www.
A royalty trust is a legal entity established as income-producing vehicle to purchase royalty interests (profit interests) in mature, low-risk natural resource (e.
A royalty trust is a legal entity that purchases profit interests (interests that pass through profits, but not losses) in mature, low-risk, natural resource working properties (such as oil and gas).
AUSTIN, Texas -- In view of the unusual market activity in the trust units of BP Prudhoe Bay Royalty Trust (NYSE: BPT), the New York Stock Exchange has contacted the Trust in accordance with its usual practice.
M2 EQUITYBITES-February 6, 2018-Sabine Royalty Trust declares distribution of USD0.
BANKING AND CREDIT NEWS-August 23, 2016-Cross Timbers Royalty Trust declares August cash distribution
International Resource News-November 21, 2011--Permian Basin Royalty Trust announces cash distribution(C)1994-2011 ENPublishing - http://www.
AUSTIN, Texas -- Enduro Royalty Trust announced today that, due to market conditions, it has opted to not move forward with its contemplated initial public offering at this time.
M2 EQUITYBITES-February 1, 2018-North European Oil Royalty Trust declares distribution of USD0.
BANKING AND CREDIT NEWS-May 12, 2016-Sabine Royalty Trust declares May 2016 cash distribution