Mills Music Trust reports Q4 2022 distribution of $0.6656 per unit, up 19% YoY

MILLS MUSIC TRUST

Trust received $272,831 ($0.9824/unit) from EMI for Q4 2022 contingent portion, vs $220,729 ($0.7948/unit) prior year.
After admin expenses, distribution to unit holders is $184,850 ($0.6656/unit) for record date March 26, 2023.
Twelve-month aggregate distributions through March 31, 2023: $830,452 ($2.9903/unit), up 10% from $755,654 ($2.7210/unit) prior period.
Gross royalty income for the period was $900,151; related royalty expense $355,883; adjustments and fees netted to distribution.

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