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Pacific Coast Oil Trust Dividend Announcement

(NYSE:ROYT), www.pacificcoastoiltrust.com

DIVIDEND ANNOUNCEMENT: Pacific Coast Oil Trust (NYSE:ROYT) on 09/26/2018 declared a dividend of $0.0283 per share

September 26, 2018

Pacific Coast Oil Trust (NYSE:ROYT) on 09/26/2018 declared a dividend of $ 0.0283 per share payable on October 22, 2018 to shareholders of record as of October 08, 2018. Dividend amount recorded is a decrease of $ 0.0123 from last dividend Paid.

Pacific Coast Oil Trust (NYSE:ROYT) has paid dividends since 2012, has a current dividend yield of 11.91% and has increased its dividends for 1 successive years.

Pacific Coast Oil Trust's market cap is $ 106,874,910 and has a PE ratio of 14.21. The stock price closed yesterday at $ 2.77 and has a 52 week low/high of $ 1.42 and $ 2.88.

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: September 26, 2018
Dividend Ex Date: October 04, 2018
Dividend Record Date: October 08, 2018
Dividend Payment Date: October 22, 2018
Dividend Amount: $ 0.0283
 
 

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