Hugoton Royalty Trust Declares February Cash Distribution

Loading...
Loading...
U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Hugoton Royalty Trust
HGT
, today declared a cash distribution to the holders of its units of beneficial interest of $0.085767 per unit, payable on March 14, 2012, to unitholders of record on February 29, 2012. XTO Energy has advised the trustee that it has deducted budgeted development costs of $500,000, production expense of $1,872,000 and overhead of $890,000 in determining the royalty payment to the Trust for the current month.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsDividends
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...