Eagle Energy Trust Confirms January 2015 Distribution

(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 01/15/15 -- Eagle Energy Trust ("Eagle") (TSX: EGL.UN) confirms its January 2015 distribution. The cash distribution to be paid on February 23, 2015, in respect of the period from and including January 1, 2015 to January 31, 2015, for unitholders of record on January 30, 2015 will be $0.03 per trust unit. The ex-distribution date is January 28, 2015.
The annualized distribution of $0.36 per trust unit represents a cash-on-cash yield of 19.4% based on the closing price of our trust units on the Toronto Stock Exchange on January 14, 2015 of $1.86. 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.
About Eagle Energy Trust
Eagle is an oil and gas energy trust created to provide investors with a sustainable business while delivering moderate growth in production and overall growth through accretive acquisitions. Eagle's units are traded on the Toronto Stock Exchange under the symbol EGL.UN.
All material information about Eagle may be found on its website at or under Eagle's issuer profile at .
Contacts:
Eagle Energy Inc.
Kelly Tomyn
Chief Financial Officer
(403) 531-1574
Eagle Energy Inc.
Richard W. Clark
President and Chief Executive Officer
(403) 531-1575
Eagle Energy Inc.
Suite 2710, 500-4th Avenue SW
Calgary, Alberta T2P 2V6
(403) 531-1575 or (855) 531-1575 (toll free)
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Bereitgestellt von Benutzer: Marketwired
Datum: 15.01.2015 - 13:00 Uhr
Sprache: Deutsch
News-ID 364659
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CALGARY, ALBERTA
Kategorie:
Oil & Gas
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