dividend
confidence high
sentiment neutral
materiality 0.30
ECA Marcellus Trust I declares $0.020/unit quarterly distribution payable March 3
ECA Marcellus Trust I
- Distribution of $0.020 per unit for Q4 2024, payable on or before March 3, 2025 to holders of record Feb 24, 2025.
- Trustee continues to withhold $90,000 this quarter toward a targeted cash reserve of $3.8 million.
- Distribution depends on natural gas proceeds; low prices may reduce or eliminate future distributions.
- Trust units (OTC Pink: ECTM) may face withholding tax obligations under IRC Sections 1441/1446.