ECA Marcellus Trust I ( ECT ) will begin trading ex-dividend on May 15, 2013. A cash dividend payment of $0.443 per share is scheduled to be paid on May 31, 2013.

ECA MARCELLUS TRUST I (NYSE: ECT) announced today that the Trust's distribution for the quarter ended March 31, 2013 will be $0.443 per unit, which is expected to be distributed on or before May 31, 2013 to holders of record as of the close of business ...

Also lagging the market Friday are roytalty trusts, down on the day by about 0.3% as a group, led down by Whiting USA Trust I (WHX), trading lower by about 2.1% and ECA Marcellus Trust 1 (ECT), trading lower by about 1.5%. comments, called-out ...

In the current market conditions, the Marcellus has lots of inventory, but infrastructure is constrained. At higher price points, much more incremental supply is available from the Haynesville, the Woodford, the Eagle Ford and other plays.