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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: a.handbag. who wrote (3310)	5/13/2002 5:08:45 PM
From: Scott Mc	Read Replies (1) \| Respond to of 11633

You beat me to it, I wanted to post the increase, Scott Quote ULTIMA ENERGY TRUST ANNOUNCES INCREASED DISTRIBUTION FOR MAY 2002 Ultima Energy Trust has set its May distribution, payable June 17, 2002, at eight cents per unit to unitholders of record on May 31, 2002. The distribution has been increased from the prior month due to strong commodity prices and the success of the first-quarter development program at the Westerose light oil property and production optimization work at Glenevis. The current cash-on-cash yield of the May distribution on an annualized basis is now approximately 18 per cent at the prior day's closing unit price of $5.30 per unit. Unquote Projection based on higher distribution Dist % Price $0.96 12% $8.00 $0.96 13% $7.38 $0.96 14% $6.86 $0.96 15% $6.40 $0.96 16% $6.00 $0.96 17% $5.65 At $5.33 so some increase possible...Scott