dividend
confidence high
sentiment positive
materiality 0.60
NRT declares Q2 FY2025 distribution of $0.20/unit, up from $0.04 Q1
NORTH EUROPEAN OIL ROYALTY TRUST
- Distribution of $0.20 per unit for Q2 fiscal 2025 matches Q2 FY2024 and quadruples Q1 FY2025's $0.04.
- Payable May 28, 2025 to unitholders of record as of May 16, 2025.
- Increase driven by higher prices and reduced negative carryover; positive adjustments of $73,451 (Mobil) and $97,508 (OEG) at quarter end.
- Mobil sulfur royalty of $57,240 also received in the quarter.