Eagle Energy Trust Confirms July 2012 Distribution
CALGARY, ALBERTA -- (Marketwire) -- 07/16/12 -- 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.(1)
Eagle 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 Officer
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.
Unlike 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.
Eagle Energy Trust
Richard W. Clark
President and Chief Executive Officer
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