ARC Energy Trust Posts May Cash Distribution Amount
ARC Energy Trust announced that the cash distribution to be paid on May 15, 2009, in respect of the April 2009 production, for unitholders of record on April 30, 2009, will be $0.12 per trust unit. The ex-distribution date is April 28, 2009.
As at April 16, 2009 the Trust's trailing twelve-month cash distributions, including the April 15, 2009 payment, total $2.43 per trust unit.
ARC Energy Trust is one of Canada's largest conventional oil and gas royalty trusts with an enterprise value of approximately $4.5 billion.