dividend
confidence high
sentiment neutral
materiality 0.25
Mesa Royalty Trust declares monthly distribution of $0.0057/unit for October 2024
MESA ROYALTY TRUST/TX
- Distribution of $0.005692813 per unit; record date Oct 31, 2024; payable Jan 31, 2025.
- Trust received $26,349 from San Juan Basin Colorado properties (SIMCOE LLC/IKAV). No income from other owners.
- After administrative expenses, distributable net profits were $10,609.
- Trust is building cash reserves to $2.0 million, which will materially reduce future distributions.