DIVIDEND ANNOUNCEMENT: Royalty Tr Unit/Gulf Coast Ultra Deep Royalty Trust (OTCBB:GULTU) on 10/16/2019 declared a dividend of $0.0006 per share

Royalty Tr Unit/Gulf Coast Ultra Deep Royalty Trust (OTCBB:GULTU) on 10/16/2019 declared a dividend of $ 0.0006 per share payable on November 13, 2019 to shareholders of record as of October 30, 2019. Dividend amount recorded is a decrease of $ 0.0005 from last dividend Paid.

Royalty Tr Unit/Gulf Coast Ultra Deep Royalty Trust (OTCBB:GULTU) has paid dividends since 2017, has a current dividend yield of 0.0000000000% and has increased its dividends for 1 successive years.

Royalty Tr Unit/Gulf Coast Ultra Deep Royalty Trust's market cap is $ 8,378,297 and has a PE ratio of 0.00. The stock price closed yesterday at $ 0.04 and has a 52 week low/high of $ 0.02 and $ 0.05.

Gulf Coast Ultra Deep Royalty Trust is a statutory trust. Co. holds a 5% gross overriding royalty interest in production from each of McMoRan Oil & Gas LLC's (McMoRan) Inboard Lower Tertiary/Cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana. McMoRan's exploration, development and production activities are subject to federal, state and local laws and regulations governing exploration, development, production, environmental matters, occupational health and safety, taxes, labor standards and other matters. McMoRan has working interest associated with the onshore Highlander subject interest.

For more information on Royalty Tr Unit/Gulf Coast Ultra Deep Royalty Trust click here.