Eagle Energy Trust Confirms August 2015 Distribution
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 08/14/15 -- Eagle Energy Trust ("Eagle") (TSX: EGL.UN) confirms its August 2015 distribution. The cash distribution to be paid on September 23, 2015, in respect of the period from August 1, 2015 to August 31, 2015, for unitholders of record on August 31, 2015 will be $0.03 per trust unit. The ex-distribution date is August 27, 2015.
The annualized distribution of $0.36 per trust unit represents a cash-on-cash yield of 18% based on the closing price of our trust units on the Toronto Stock Exchange on August 13, 2015 of $2.00. 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 stable 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
(855) 531-1575 (toll free)
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Datum: 14.08.2015 - 12:00 Uhr
Sprache: Deutsch
News-ID 413770
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contact information:
Town:
CALGARY, ALBERTA
Kategorie:
Oil & Gas
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