Ten Must Own Dividend-Paying Stocks for 2013

6. BP Prudhoe Bay Royalty Trust

Symbol: (NYSE:BPT)

Price: $93.07

The Austin, Texas – based trust that owns a non-operational interest in minerals in the Prudhoe Bay oil field located on the North Slope in Alaska, has a market cap $1.91 billion. The company’s 12 trailing months show a revenue of $196 million.

BPT’s average price to earnings ratio (P/E ratio) amounts to 9.80 while the staggering profit and operating margins amount both over 99.39 percent. Quarterly earnings growth on a year-over-year basis: -8.20%. Total cash/mrq: $1.00 million.

Forward annual dividend rate: 9.66, Yield: 10.80%

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