The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Eagle Energy Trust Confirms July 2012 Distribution

Monday, July 16, 2012

Eagle Energy Trust Confirms July 2012 Distribution08:00 EDT Monday, July 16, 2012CALGARY, ALBERTA--(Marketwire - July 16, 2012) - Eagle Energy Trust (TSX:EGL.UN) confirms its July 2012 distribution. The cash distribution to be paid on August 23, 2012, in respect of the period from and including July 1, 2012 to July 31, 2012, for unitholders of record on July 31, 2012 will be $0.0875 per trust unit. The ex-distribution date is July 27, 2012.The annualized distribution of $1.05 per trust unit represents a cash-on-cash yield of 11% based on the closing price of our trust units on the Toronto Stock Exchange on July 13, 2012 of $9.54.1Eagle is an oil and gas energy trust created to provide investors with a publicly traded, oil and natural gas focused, distribution producing investment, with favourable tax treatment relative to taxable Canadian corporations.Richard W. Clark, President & Chief Executive OfficerAll material information pertaining to Eagle Energy Trust may be found under Eagle's issuer's profile at or on Eagle's website at fixed income securities, Eagle has no obligation to distribute any fixed amount and reductions in, or suspension of, cash distributions may occur that would reduce future yield.FOR FURTHER INFORMATION PLEASE CONTACT: Richard W. ClarkEagle Energy TrustPresident and Chief Executive