MV Oil Trust to Issue Dividend of $0.22 (MVO)
MV Oil Trust (NYSE:MVO) declared a dividend on Saturday, January 6th, Fidelity reports. Shareholders of record on Monday, January 15th will be paid a dividend of 0.22 per share by the oil and gas producer on Thursday, January 25th. The ex-dividend date of this dividend is Thursday, January 11th.
MV Oil Trust has decreased its dividend by an average of 40.4% annually over the last three years.
MV Oil Trust (NYSE:MVO) opened at $9.33 on Friday. The firm has a market cap of $107.29, a PE ratio of 12.28 and a beta of 0.20. MV Oil Trust has a 12 month low of $4.80 and a 12 month high of $9.74.
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MV Oil Trust (the Trust) is a statutory trust. The Trust acquires and holds a term net profits interest for the benefit of the Trust unitholders. Its underlying properties consist of MV Partners, LLC’s (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado.
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