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Pacific Coast Oil Trust Dividend Announcement

(NYSE:ROYT), www.pacificcoastoiltrust.com

DIVIDEND ANNOUNCEMENT: Pacific Coast Oil Trust (NYSE:ROYT) on 08/27/2018 declared a dividend of $0.0406 per share

August 27, 2018

Pacific Coast Oil Trust (NYSE:ROYT) on 08/27/2018 declared a dividend of $ 0.0406 per share payable on September 20, 2018 to shareholders of record as of September 06, 2018. Dividend amount recorded is an increase of $ 0.0017 from last dividend Paid.

Pacific Coast Oil Trust (NYSE:ROYT) has paid dividends since 2012, has a current dividend yield of 12.30% and has increased its dividends for 1 successive years.

Pacific Coast Oil Trust's market cap is $ 94,142,520 and has a PE ratio of 12.51. The stock price closed yesterday at $ 2.44 and has a 52 week low/high of $ 1.36 and $ 2.75.

Pacific Coast Oil Trust is a statutory trust formed among Pacific Coast Energy Company LP (PCEC), as trustor, The Bank of New York Mellon Trust Company, N.A., as trustee, and Wilmington Trust, National Association, as Delaware trustee. Co. acquires and holds net profits and royalty interests in certain oil and natural gas properties located in California for the benefit of Co.'s unitholders. PCEC conveyed to Co. the net profits interests and a royalty interest in certain oil and natural gas properties located onshore in California (the Underlying Properties). As of Dec 31 2016, the Underlying Properties had proved reserves of 13.3 million barrels of oil equivalent.

For more information on Pacific Coast Oil Trust click here.

Pacific Coast Oil Trust current dividend information as per the date of this press release is:
Dividend Declaration Date: August 27, 2018
Dividend Ex Date: September 05, 2018
Dividend Record Date: September 06, 2018
Dividend Payment Date: September 20, 2018
Dividend Amount: $ 0.0406
 
 

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