dividend
confidence high
sentiment neutral
materiality 0.35
ECA Marcellus Trust I declares Q4 2023 distribution of $0.030 per unit
ECA Marcellus Trust I
- Quarterly distribution of $0.030/unit for period ended Dec 31, 2023; payable on or before Feb 29, 2024.
- Record date is Feb 22, 2024; distribution reflects proceeds from natural gas royalty interests.
- Trustee withheld $90,000 this quarter to build cash reserve toward target of $3.8 million.
- Future distributions remain subject to volatile natural gas prices and production levels.