PACIFIC COAST OIL TRUST (NYSE:ROYT) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today a cash distribution to the holders of its units of beneficial interest of $0.02791 per unit, payable on May 20, 2019 to unitholders of record on May 6, 2019.
the way this is worded, the xdate is May 3rd, meaning to be of record you gotta own it the day before
The stock market is a device for transferring MONEY from the impatient to the patient......Warren Buffett