Blog - Latest News

Holders of Great Northern Iron Ore Trust Will Lose 30% Of Their Money In 7 Months

There are a group of investors that look to capture dividends of high yield stocks. However, what they fail to realize sometimes is that trusts that terminate in the near future can be very overvalued. Investors can lose much more in share price depreciation than they receive with the dividend. This is the case with Great Northern Iron Ore (GNI). It’s a royalty trust that has its final dividend payout in March 2015 before it closes.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *