dividend
confidence medium
sentiment neutral
materiality 0.35
North European Oil Royalty Trust declares $0.05/unit distribution for Q1 fiscal 2024
NORTH EUROPEAN OIL ROYALTY TRUST
- Distribution of $0.05 per unit for Q1 fiscal 2024, payable Feb 28, 2024 to holders of record Feb 16, 2024.
- Negative OEG Agreement adjustment carryover of €200,113 remains; Mobil adjustments fully offset.
- Trustees anticipate higher distribution in Q2 2024 due to offset of negative carryover adjustments.
- Scheduled payments in March and April 2024 will not be encumbered by negative carryover adjustments.