ECA Marcellus Trust I Gives Investors 2.1-Cent Dividend 1Q24

ECA Marcellus Trust I, the royalty interest holder in some of the wells drilled and maintained by Greylock Energy in Greene County, PA, announced it would issue a 2.1-cents ($0.021) dividend to unitholders for 1Q24. The company paid 4.3 cents per unit in 1Q23, nothing in 2Q23, six-tenths of a penny ($0.006) in 3Q23, and 3.0 cents per unit in 4Q23. The company continues to hold back some profits ($90,000 in 1Q24) to build a cash reserve for “future known, anticipated or contingent expenses or liabilities.”

---

To view this content, log into your member account. (Not a member? Join Today!)