Eagle Energy Trust (TO: EGL-UN) confirmed its September distribution.
The cash distribution to be paid on Oct. 23, in respect of the period from and including Sept. 1 to Sept. 30, for unitholders of record on Sept. 30 will be $0.0875 per trust unit. The ex-distribution date is Sept. 26.
The annualized distribution of $1.05 per trust unit represents a cash-on-cash yield of 13% based on the closing price of our trust units on the Toronto Stock Exchange on Sept. 13 of $8.151.
Eagle Energy Trust is a publicly traded ...