secwatch.observer — SEC 8-K summary
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Issuer:     NORTH EUROPEAN OIL ROYALTY TRUST (NRT)
CIK:        0000072633
Form:       8-K
Filed at:   2021-11-01T23:59:59+00:00
Accession:  0000072633-21-000021
Event type: dividend
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

North European Oil Royalty Trust declares $0.14 quarterly distribution, up 600% YoY
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- Q4 fiscal 2021 distribution of $0.14/unit payable Nov 24, 2021 to holders of record Nov 12, 2021.
- Distribution 600% higher than $0.02/unit in Q4 fiscal 2020.
- Cumulative 12-month distribution $0.47/unit, up 46.88% from $0.32 in fiscal 2020.
- Higher natural gas sales (+25-26%) and gas prices (+111%) drove royalty income increase.
- Negative year-end adjustments of -$157,538 from calendar 2020 were more than offset.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72633/000007263321000021/0000072633-21-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72633/000007263321000021/ek110121.htm
  HTML page:      https://secwatch.observer/filing/0000072633-21-000021

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