Eagle Energy Trust

Eagle Energy Trust

June 17, 2013 08:00 ET

Eagle Energy Trust Confirms June 2013 Distribution

CALGARY, ALBERTA--(Marketwired - June 17, 2013) - Eagle Energy Trust (TSX:EGL.UN) confirms its June 2013 distribution. The cash distribution to be paid on July 23, 2013, in respect of the period from and including June 1, 2013 to June 30, 2013, for unitholders of record on June 28, 2013 will be $0.0875 per trust unit. The ex-distribution date is June 26, 2013.

The annualized distribution of $1.05 per trust unit represents a cash-on-cash yield of 13.6% based on the closing price of our trust units on the Toronto Stock Exchange on June 14, 2013 of $7.701.

About Eagle Energy Trust

Eagle is an oil and gas energy trust created to provide investors with a publicly traded, oil and natural gas focused, reliable distribution paying investment, with favourable tax treatment relative to taxable Canadian corporations.

All material information pertaining to Eagle Energy Trust may be found under Eagle's issuer's profile at www.sedar.com or on Eagle's website at www.EagleEnergyTrust.com.

1Unlike 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.

Contact Information

  • Eagle Energy Trust
    Richard W. Clark
    President and Chief Executive Officer

    Eagle Energy Trust
    Kelly Tomyn
    Chief Financial Officer