Chesapeake Granite Wash Trust (CHKR) Dividend Details and dates on New York Stock Exchange
Chesapeake Granite Wash Trust
Chesapeake Granite Wash Trust engages in the ownership of royalty interests. It owns royalty interests in oil, natural gas liquids and natural gas properties located in Washita County, Oklahoma producing from the colony granite wash play within the broader granite wash formation of the Anadarko basin. The company was founded on June 29, 2011 and is headquartered in Houston, TX. Sector:
Energy MineralsOil & Gas Production
Based on score of 60% we would not recommend Chesapeake Granite Wash Trust ( CHKR ) for investing for dividend growth and capital gains.
Dividend income advisory for CHKR
Dividend Yield for CHKR
The expected yield for CHKR is 17.64 %, this hefty return can be healthy but only if Chesapeake Granite Wash Trust is cheaply priced, and has a low debt to equity ratio and a nice profit per share.
How is CHKR priced
CHKR has a trailing price to earnings ratio (P/E) of 5.67. The ratio is determined by the performance in the last 12 months. The P/E ratio seems very good, however we should verify if there are no exceptional reasons for Chesapeake Granite Wash Trust to record this P/E ratio.
Debt to equity of CHKR
With the Debt To Equity rate of CHKR (0) we can conclude that Chesapeake Granite Wash Trust does not seem to have more liabilities than equity provided by the shareholders. A lower D/E ratio stands for a less risky investment.
Price Prediction for CHKR
On average analists predict that CHKR will be correctly priced after a 630%. change. We can expect some long term capital gains.
Upcoming Dividends for CHKR
Ex Dividend Date
Dividends in past 12 months CHKR
Ex Dividend Date
Historical Dividends & Cap Growth for CHKR
Past 5 Year Capital Gains -86.09 % Dividend yield 44.32 % Growth including dividends -41.78%
Latest news for CHKR
2019-05-09 Harsco and Parker Drilling among Energy/Materials gainers; Rayonier Advanced Materials and Chesapeake Granite Wash Trust among losers
No summary available.
Original Article @ Seeking Alpha