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ECA Marcellus Trust I Dividend Announcement

(NYSE:ECT)

DIVIDEND ANNOUNCEMENT: ECA Marcellus Trust I (NYSE:ECT) on 08/07/2018 declared a dividend of $0.0640 per share

August 07, 2018

ECA Marcellus Trust I (NYSE:ECT) on 08/07/2018 declared a dividend of $ 0.0640 per share payable on August 31, 2018 to shareholders of record as of August 21, 2018. Dividend amount recorded is an increase of $ 0.005 from last dividend Paid.

ECA Marcellus Trust I (NYSE:ECT) has paid dividends since 2010, has a current dividend yield of 13.68% and has increased its dividends for 1 successive years.

ECA Marcellus Trust I's market cap is $ 33,449,500 and has a PE ratio of 6.35. The stock price closed yesterday at $ 1.90 and has a 52 week low/high of $ 1.45 and $ 2.55.

ECA Marcellus Trust I is a statutory trust. The Bank of New York Mellon Trust Company, N.A. serves as Trustee. Co. does not conduct any operations or activities. Co.'s purpose is, in general, to hold the Royalty Interests, to distribute to the Trust unitholders cash that the Trust receives in respect of the Royalty Interests after payment of Trust expenses, and to perform certain administrative functions in respect of the Royalty Interests and the Trust units. As of Dec 31 2016, Co. owns royalty interests in 14 natural gas producing wells and 52 development wells from the Marcellus Shale formation within the Area of Mutual Interest.

For more information on ECA Marcellus Trust I click here.

ECA Marcellus Trust I current dividend information as per the date of this press release is:
Dividend Declaration Date: August 07, 2018
Dividend Ex Date: August 20, 2018
Dividend Record Date: August 21, 2018
Dividend Payment Date: August 31, 2018
Dividend Amount: $ 0.0640
 
 

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