dividend
confidence high
sentiment neutral
materiality 0.35
ECA Marcellus Trust I declares $0.043/unit quarterly distribution
ECA Marcellus Trust I
- Quarterly distribution of $0.043/unit for Q1 2023; payable May 30 to holders of record May 22.
- Trustee withheld ~$90k this quarter to build cash reserve, now targeting ~$3.8 million.
- Distributions depend on natural gas proceeds from Marcellus Shale properties operated by Greylock Energy.