Crius Energy Trust announced that the Board of Directors of Crius Energy Administrator Inc., the administrator of the Trust has approved a 2% increase to distributions paid on units of the Trust, representing an increase of $0.0164 per Unit and a total annualized distribution of $0.8368 per Unit (all $ Canadian).
Accordingly, monthly distributions on Units for the first quarter of 2018 will be paid at a rate of $0.0697 per Unit, representing a 2% increase over the previous annualized distribution rate of $0.8204 per Unit.
The Board declared the Trust's monthly distributions on Units, each in the amount of $0.0697 per Unit, through the first quarter of 2018. Such distributions are payable for each of January 2018, February 2018 and March 2018 to unitholders of the Trust