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Chesapeake Granite Wash Trust Dividend Announcement

(NYSE:CHKR), www.chkgranitewashtrust.com

DIVIDEND ANNOUNCEMENT: Chesapeake Granite Wash Trust (NYSE:CHKR) on 08/03/2018 declared a dividend of $0.0626 per share

August 03, 2018

Chesapeake Granite Wash Trust (NYSE:CHKR) on 08/03/2018 declared a dividend of $ 0.0626 per share payable on August 30, 2018 to shareholders of record as of August 20, 2018. Dividend amount recorded is an increase of $ 0.0157 from last dividend Paid.

Chesapeake Granite Wash Trust (NYSE:CHKR) has paid dividends since 2011, has a current dividend yield of 15.62% and has increased its dividends for 0 successive years.

Chesapeake Granite Wash Trust's market cap is $ 74,800,000 and has a PE ratio of 4.64. The stock price closed yesterday at $ 1.60 and has a 52 week low/high of $ 1.20 and $ 2.50.

Chesapeake Granite Wash Trust is a statutory trust, which is engaged in owning royalty interests for the benefit of its unitholders. The royalty interests are derived from Chesapeake Energy Corporation (Chesapeake)'s interests in specified oil and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of western Oklahoma (Underlying Properties). As of Dec 31 2016, the estimated proved reserves of the Underlying Properties were 13.3 million barrels of oil equivalents (mmboe), and the estimated proved reserves of the royalty interests were 6.6 mmboe.

For more information on Chesapeake Granite Wash Trust click here.

Chesapeake Granite Wash Trust current dividend information as per the date of this press release is:
Dividend Declaration Date: August 03, 2018
Dividend Ex Date: August 17, 2018
Dividend Record Date: August 20, 2018
Dividend Payment Date: August 30, 2018
Dividend Amount: $ 0.0626
 
 

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