Mills Music Trust Q1 2023 distribution per unit rises to $0.3791 from $0.2373 YoY; trailing 12-month total $3.1322

MILLS MUSIC TRUST

Contingent portion payment for Q1 2023 was $216,118 ($0.7782/unit) vs $207,916 ($0.7487/unit) in Q1 2022.
After administrative expenses of $110,821, net distribution to unit holders is $105,297 ($0.3791/unit).
Trailing 12-month distributions through June 30, 2023 total $869,858 ($3.1322/unit), up from $664,046 ($2.3911/unit).
Gross royalty income collected by EMI for Q1 2023 was $750,665, down from $944,075 in Q1 2022.

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