Stock Name: AET.UN
Amount: CAD 1.05
Announcement Date: 19/09/2012
Record Date: 26/09/2012
Dividend Detail:
CALGARY, Sept. 19, 2012 /CNW/ - Argent Energy Trust ("Argent" or the "Trust") (TSX: AET.UN) confirms its September 2012 distribution.��The cash distribution to be
paid on October 23, 2012, in respect of the period from and including
September 1 to September 30, 2012, for unitholders of record on
September 28, 2012 will be $0.0875 per trust unit.�� The ex-distribution
date is September 26, 2012.
The annualized distribution of $1.05 per trust unit represents a
cash-on-cash yield of approximately 10.26% based on the closing price
of our trust units on the Toronto Stock Exchange on September 18, 2012
of $10.23.1
Argent is a mutual fund trust under the Income Tax Act (Canada) (the
"Tax Act").�� Argent's objective is to create stable, consistent returns
for investors through the acquisition and development of oil and
natural gas reserves and production with low risk exploration
potential, located primarily in the United States.�� Material
information pertaining to Argent Energy Trust may be found on www.sedar.com or www.argentenergytrust.com.
___________________________________
1��Unlike fixed income securities, Argent has no obligation to distribute
any fixed amount and reductions in, or suspension of, cash
distributions may occur that would reduce future yield.
SOURCE: Argent Energy Trust
For further information:
concerning this press release, please contact:��
Brian Prokop
Chief Executive Officer
Argent Energy Trust
(403) 770-4807
Sean Bovingdon
Chief Financial Officer
Argent Energy Trust
(403) 770-4803
No comments:
Post a Comment