dividend
confidence high
sentiment positive
materiality 0.55
North European Oil Royalty Trust raises Q3 distribution to $0.15/unit, up 36% YoY
NORTH EUROPEAN OIL ROYALTY TRUST
- Quarterly distribution of $0.15 per unit for Q3 fiscal 2021, payable August 25, 2021 to holders of record August 13, 2021.
- 36.36% increase over $0.11 per unit in Q3 fiscal 2020; $0.04 per unit higher.
- Mobil Agreement gas royalties rose 30.51% to $937,634; OEG Agreement rose 70.39% to $402,862.
- Cumulative 12-month distribution of $0.35 per unit is 23.91% lower than $0.46 per unit a year ago.