dividend
confidence high
sentiment neutral
materiality 0.40
Mesa Royalty Trust February 2024 distribution $0.0087/unit; income $27,216 from New Mexico
MESA ROYALTY TRUST/TX
- Distribution of $0.008739141 per unit payable April 30, 2024 to unitholders of record Feb 29, 2024.
- Trust received $27,216 in royalty income from Hilcorp San Juan LP (New Mexico properties); no other income.
- Distributable net profits after withholding and expenses: $16,286.
- Trust warns distributions will be materially reduced until cash reserves reach $2.0 million.