North European Oil Royalty Trust declares Q4 distribution of $0.02/unit; 12-month cumulative down 78.8% YoY

NORTH EUROPEAN OIL ROYALTY TRUST

Q4 distribution $0.02/unit, payable Nov 27, record Nov 15.
Reduction due to carry-over negative adjustments from prior quarter and calendar 2023 adjustments under Mobil and OEG agreements.
Cumulative 12-month distribution $0.48/unit, down 78.8% from $2.26 YoY.
Negative carry-over adjustments expected to impact Q1 fiscal 2025 payments; further details in 10-K.

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