dividend
confidence high
sentiment neutral
materiality 0.25
Mesa Royalty Trust declares September distribution of $0.001723 per unit
MESA ROYALTY TRUST/TX
- Distribution of $0.001723157 per unit, record date Sept 30, payable Oct 31.
- Total income received $20,029, all from Hilcorp San Juan LP (New Mexico properties).
- After admin expenses, distributable net profits were $3,211.
- Distributions expected to be materially reduced until cash reserves reach $2.0M.
- No income received in Sept from any other working interest owner.
item 2.02item 9.01