DIVIDEND ANNOUNCEMENT: Com Unit/ECA Marcellus Trust I (OTCBB:ECT) on 05/11/2023 declared a dividend of $0.0430 per share

Com Unit/ECA Marcellus Trust I (OTCBB:ECT) on 05/11/2023 declared a dividend of $ 0.0430 per share payable on May 30, 2023 to shareholders of record as of May 22, 2023. Dividend amount recorded is a decrease of $ 0.081 from last dividend Paid.

Com Unit/ECA Marcellus Trust I (OTCBB:ECT) has paid dividends since 2010, has a current dividend yield of 35.8620681763% and has increased its dividends for 2 successive years.

Com Unit/ECA Marcellus Trust I's market cap is $ 25,527,250 and has a PE ratio of 2.53. The stock price closed yesterday at $ 1.45 and has a 52 week low/high of $ 1.17 and $ 3.50.

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 its unitholders cash that the it receives in respect of the royalty interests after payment of its expenses, and to perform certain administrative functions in respect of the royalty interests and its units. Co. has no authority or responsibility for, and no involvement with, any aspect of the oil and gas operations on the properties to which the royalty interests relate.

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