June distribution confirmed... NEWS RELEASE FO
Post# of 65
Posted On: 06/15/2015 9:01:00 AM
June distribution confirmed...
Quote:
NEWS RELEASE
FOR IMMEDIATE RELEASE
Eagle Energy Trust Confirms June 2015 Distribution
Calgary, Alberta – June 15, 2015 (TSX: EGL.UN): Eagle Energy Trust (“Eagle”) confirms its June 2015
distribution. The cash distribution to be paid on July 23, 2015, in respect of the period from June 1, 2015 to
June 30, 2015, for unitholders of record on June 30, 2015 will be $0.03 per trust unit. The ex-distribution
date is June 26, 2015.
The annualized distribution of $0.36 per trust unit represents a cash-on-cash yield of 11.5% based on the
closing price of our trust units on the Toronto Stock Exchange on June 12, 2015 of $3.12. 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.
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