Tuesday, March 20, 2007

Harvest & Crescent Point Energy Trusts Have High DRIP Participation

I was reading an RBC report today and noticed that Harvest and Crescent Point Energy Trusts have the highest DRIP (Dividend Re-Investment Plan) participation rate of the Oil and Gas Trusts.

Crescent Point has 30% of their dividends re-invested and Harvest Energy has 43% of their distribution re-invested.

This tells me that the shareholders have long term confidence in the management of these two trusts.

This is another reason why both of these trusts are my top picks.

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