ECA Marcellus Trust I (ECTM) To Go Ex-Dividend on May 20th

ECA Marcellus Trust I (OTCMKTS:ECTMGet Free Report) declared a quarterly dividend on Tuesday, May 14th, NASDAQ reports. Shareholders of record on Tuesday, May 21st will be paid a dividend of 0.021 per share on Friday, May 31st. This represents a $0.08 dividend on an annualized basis and a yield of 17.87%. The ex-dividend date of this dividend is Monday, May 20th.

ECA Marcellus Trust I Stock Performance

Shares of OTCMKTS ECTM opened at $0.47 on Friday. ECA Marcellus Trust I has a 1 year low of $0.34 and a 1 year high of $1.38. The stock’s 50-day simple moving average is $0.46 and its 200-day simple moving average is $0.47. The firm has a market cap of $8.27 million, a price-to-earnings ratio of 7.43 and a beta of 0.57.

ECA Marcellus Trust I (OTCMKTS:ECTMGet Free Report) last issued its quarterly earnings results on Monday, May 13th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $0.63 million during the quarter.

About ECA Marcellus Trust I

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ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing wells and 52 development wells located in the Greene County, Pennsylvania. Its royalty interests in the producing wells allow the company to receive 90% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the producing wells; and 50% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the development wells.

See Also

Dividend History for ECA Marcellus Trust I (OTCMKTS:ECTM)

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