ACTIVEnergy Income Fund Announces a Change to its Monthly Distribution
CALGARY, Jan. 13, 2016 /CNW/ - ACTIVEnergy Income Fund (the "Fund") is announcing a change in its distribution for the first quarter of 2016 from its current monthly rate of $0.05 per unit. This change will be effective beginning with the monthly cash distribution payable on February 12, 2016 to unitholders of record on January 31, 2016 and will remain at this level until further guidance is provided by the Fund. The manager believes this distribution reduction is prudent and in the best interests of the Fund and its unitholders given the current challenging environment for the energy sector. Based upon the new level of distributions and the current market price, the Fund's yield will be approximately 6.4% per unit.
Record Date |
Payable Date |
Distribution Per |
January 31, 2016 |
February 12, 2016 |
$0.02 |
February 29, 2016 |
March 15, 2016 |
$0.02 |
March 31, 2016 |
April 15, 2016 |
$0.02 |
The trust units trade on the Toronto Stock Exchange under the symbol AEU.UN.
SOURCE ACTIVEnergy Income Fund
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