MV Oil Trust (mvo) Raises Dividend to $0.16 Per Share
MV Oil Trust (NYSE:mvo) announced a quarterly dividend on Tuesday, October 4th. Investors of record on Friday, October 14th will be paid a dividend of 0.16 per share on Tuesday, October 25th. This represents a $0.64 annualized dividend and a dividend yield of 11.04%. The ex-dividend date is Wednesday, October 12th. This is an increase from MV Oil Trust’s previous quarterly dividend of $0.11.
MV Oil Trust Company Profile
MV Oil Trust (the Trust) is a statutory trust. The Trust acquires and holds a term net profits interest for the benefit of the Trust unitholders. Its underlying properties consist of MV Partners, LLC’s (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado.
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