Similar Stories to Shares Of Bp Prudhoe Bay Royalty Trust Tank After Dividend Disbursement on Bing News

newsfeedback@fool.com (Tyler Crowe), The Motley Fool
Thu, 01/18/2018 - 10:43am

Shares of oil and gas royalty trust BP Prudhoe Bay Royalty Trust (NYSE: BPT) are down 11% as of 11:30 a.m. EDT today. The apparent reason for the sell-off is that investors are cashing out after receiving their most recent dividend payment. It isn't uncommon to see shares of a high-yield stock drop after a dividend is paid.

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