dividend
confidence high
sentiment neutral
materiality 0.40
Mesa Royalty Trust declares June 2024 distribution of $0.0388 per unit
MESA ROYALTY TRUST/TX
- Distribution of $0.038766492 per unit, record June 28, 2024, payable July 31, 2024.
- Trust received $85,246 from San Juan Basin properties operated by Hilcorp; no other income.
- Net distributable profit after expenses and reserves was $72,245.
- Trust expects materially reduced distributions until cash reserves reach $2.0 million.