other
confidence high
sentiment negative
materiality 0.50
Mills Music Trust Q3 distribution $0.6548/unit, down from $0.8172 YoY
MILLS MUSIC TRUST
- Trust received $247,720 ($0.8920/unit) contingent payment for Q3 2022, vs $284,082 ($1.0229/unit) for Q3 2021.
- After expenses of $65,863, net distribution of $181,857 ($0.6548/unit) to holders of record Dec 21.
- Twelve-month aggregate distributions for 2022: $800,903 ($2.8840/unit), down from $830,151 ($2.9893/unit) in 2021.
- Gross royalty income for Q3 2022 was $656,886 vs $762,814 in Q3 2021, a 13.9% decline.