Whiting USA Trust II (WHZ) Declares $0.012803 Quarterly Dividend; 1.1% Yield

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Whiting USA Trust II Announces Trust Quarterly Distribution

May 7, 2015 3:30 PM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- Whiting USA Trust II (NYSE: WHZ) announced the second Trust distribution in 2015, which relates to net profits generated during the first quarterly payment period of 2015. Unitholders of record on May 20, 2015 will receive a distribution of $0.012803 per unit, which is payable on or before June 1, 2015.

As of the date of this press release, 99.9% of the Trusts total 18,400,000 units outstanding were held by Cede & Co., which is The Depository Trust Corporations nominee, as the official unitholder of record. Therefore, the May 20, 2015 record date, as it relates to this... More