dividend
confidence high
sentiment neutral
materiality 0.35
ECA Marcellus Trust I declares Q1 2024 distribution of $0.021/unit
ECA Marcellus Trust I
- Distribution of $0.021 per unit for the quarter ended March 31, 2024.
- Payable on or before May 31, 2024 to holders of record as of May 21, 2024.
- Trustee withheld approximately $90,000 this quarter to build cash reserve toward $3.8M target.
- Distributions fluctuate due to natural gas prices and production; low prices may reduce or eliminate future distributions.