DividendJul 9, 2026, 04:18 PM
MV Oil Trust Units to Trade with Due Bills for $0.593844 Distribution
AI Summary
MV Oil Trust announced that its units will trade with "due bills" for the previously declared distribution of $0.593844 per unit, totaling $6,829,206. This is due to the distribution representing more than 25% of the unit price. The "Dividend Right Period" is from July 15, 2026, to July 24, 2026, during which sellers will not receive the distribution, and buyers will. The Trust clarified it has no obligation for the due bill amounts or their processing.
Key Highlights
- Distribution of $0.593844 per unit announced.
- Total distribution amount is $6,829,206.
- Units will trade with "due bills" as distribution exceeds 25% of unit price.
- Dividend Right Period is from July 15, 2026, through July 24, 2026.
- Record date for the distribution is July 15, 2026.
- Payment date for the distribution is July 24, 2026.
- Unitholders selling during the Dividend Right Period will not receive the distribution.
- Trust has no obligation for due bill amounts or processing.
Price Impact
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