May 2015 dividend confirmation... NEWS RELEASE
Post# of 65
Posted On: 05/15/2015 11:22:42 AM
May 2015 dividend confirmation...
http://www.marketwired.com/press-release/eagl...020209.htm
Quote:
NEWS RELEASE
FOR IMMEDIATE RELEASE
Eagle Energy Trust Confirms May 2015 Distribution Calgary, Alberta - May 14, 2015 (TSX: EGL.UN): Eagle Energy Trust (“Eagle”) confirms its May 2015 distribution. The cash distribution to be paid on June 23, 2015, in respect of the period from May 1, 2015 to May 31, 2015, for unitholders of record on May 29, 2015 will be $0.03 per trust unit. The ex-distribution date is May 27, 2015.
The annualized distribution of $0.36 per trust unit represents a cash-on-cash yield of 11% based on the closing price of our trust units on the Toronto Stock Exchange on May 14, 2015 of $3.25. Unlike fixed income securities, Eagle has no obligation to distribute any fixed amount and reductions in, or suspension of, cash distributions may occur that would reduce future yield.
http://www.marketwired.com/press-release/eagl...020209.htm
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