AMEN - AMEN Has A Solid Double-Digit Dividend
The Chairman of the Board for AMEN Properties (AMEN), Eric Oliver, is currently running for an open seat of Texas Pacific Land Trust (TPL). The Trust's largest shareholder, Horizon Kinetics, supports him, but the incumbent trustees have put forward a different candidate. The proxy battle between the two groups has become quite contentious.
In a polemic to shareholders of the Trust, dated April 30, 2019, the Trust's trustees raised questions about Oliver's governance, including his track record with AMEN. I do not intend to make a point-by-point rebuttal of all