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Com Sh Ben Interest/Chesapeake Granite Wash Trust Dividend Announcement

(NYSE:CHKR), www.chkgranitewashtrust.com

DIVIDEND ANNOUNCEMENT: Com Sh Ben Interest/Chesapeake Granite Wash Trust (NYSE:CHKR) on 11/02/2018 declared a dividend of $0.0534 per share

November 02, 2018

Com Sh Ben Interest/Chesapeake Granite Wash Trust (NYSE:CHKR) on 11/02/2018 declared a dividend of $ 0.0534 per share payable on November 29, 2018 to shareholders of record as of November 19, 2018. Dividend amount recorded is a decrease of $ 0.0092 from last dividend Paid.

Com Sh Ben Interest/Chesapeake Granite Wash Trust (NYSE:CHKR) has paid dividends since 2011, has a current dividend yield of 14.81% and has increased its dividends for 0 successive years.

Com Sh Ben Interest/Chesapeake Granite Wash Trust's market cap is $ 75,735,000 and has a PE ratio of 5.55. The stock price closed yesterday at $ 1.62 and has a 52 week low/high of $ 1.20 and $ 2.30.

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 Com Sh Ben Interest/Chesapeake Granite Wash Trust click here.

Com Sh Ben Interest/Chesapeake Granite Wash Trust current dividend information as per the date of this press release is:
Dividend Declaration Date: November 02, 2018
Dividend Ex Date: November 16, 2018
Dividend Record Date: November 19, 2018
Dividend Payment Date: November 29, 2018
Dividend Amount: $ 0.0534
 
 

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