Eagle Energy Trust Confirms March 2015 Distribution
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 03/16/15 -- Eagle Energy Trust ("Eagle") (TSX: EGL.UN) confirms its March 2015 distribution. The cash distribution to be paid on April 23, 2015, in respect of the period from and including March 1, 2015 to March 31, 2015, for unitholders of record on March 31, 2015 will be $0.03 per trust unit. The ex-distribution date is March 27, 2015.
The annualized distribution of $0.36 per trust unit represents a cash-on-cash yield of 14.6% based on the closing price of our trust units on the Toronto Stock Exchange on March 13, 2015 of $2.47. 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 Trust
Kelly Tomyn
Chief Financial Officer
(403) 531-1574
Eagle Energy Trust
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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Datum: 16.03.2015 - 12:00 Uhr
Sprache: Deutsch
News-ID 378645
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contact information:
Town:
CALGARY, ALBERTA
Kategorie:
Oil & Gas
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