MV Oil Trust (MVO) Declares $0.03 Quarterly Dividend; 3% Yield
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MV Oil Trust Announces Trust First Quarter Distribution
April 5, 2016 4:00 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the first quarterly payment period ended March 31, 2016.
Unitholders of record on April 15, 2016 will receive a distribution amounting to $345,000 or $0.03 per unit payable April 25, 2016.
Volumes, average price and net profits for the payment period were:
   Volume (BOE) 195,841 Average price (per BOE) $ 27.60 Gross proceeds $ 5,404,360 Costs... More