Chesapeake Granite Wash Trust

Today is April 10, 2014 and I just left my job for the last time. I retired. It was only 34 years ago that I started working for someone else full time and making my first stock market investments. I went into a brokerage firm in the Golden Triangle in downtown Pittsburgh, Pa. and started looking around. Some man came over and asked if he could help me. I said sure. I want to learn how to buy stocks. He asked me if I want to invest for growth or income? I had no idea what the hell he was talking about. Income sounded good so I said “income.”

This is when this stock broker introduced me to Utilities stocks that gave a good high yield dividend. I learned quickly that the income sector of the stock market is where I wanted to be. I graduated from income stocks to Junk bonds giving me a better return with less risk.

Today, as I shut the door at work for the last time, I noticed that the stock market is falling like a rock. At the same time, I heard that income stocks were the only investments that are going up just like 34 years ago. Nothing seems to change.

Chesapeake Granite Wash Trust (CHKR) sold recently for $10.65. The stock low over the past 52 weeks has been $9.60 and the high has been $17.23.

This company owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of western Oklahoma. It has royalty interests in 69 horizontal producing wells and 118 horizontal development wells, as well as in approximately 29,300 net acres of area. As of December 31, 2011, the reserve estimates for the royalty interests were 17.9 million boe of proved developed reserves and 24.3 million boe of proved undeveloped reserves. The company was founded in 2011 and is based in Austin, Texas.

CHKR - Historical Dividend Data

Payouts Increasing For2 years

Payout Amount	Declared Date	Ex-Dividend Date	Record Date	Pay Date ▼	Qualified Dividend?	Payout Type	Frequency
$0.6624	2014-02-07	2014-02-14	2014-02-19	2014-03-03	Unknown	Regular	Quarter
$0.6671	2013-11-07	2013-11-15	2013-11-19	2013-11-29	Unknown	Regular	Quarter
$0.6900	2013-08-08	2013-08-15	2013-08-19	2013-08-29	Unknown	Regular	Quarter
$0.6900	2013-05-09	2013-05-17	2013-05-21	2013-05-31	Unknown	Regular	Quarter
$0.6700	2013-02-08	2013-02-14	2013-02-19	2013-03-01	Unknown	Regular	Quarter