dividend
confidence high
sentiment positive
materiality 0.80
NRT announces Q1 fiscal 2026 distribution of $0.22/unit, up from $0.04/unit YoY
NORTH EUROPEAN OIL ROYALTY TRUST
- Distribution of $0.22/unit for fiscal Q1 2026, payable Feb 25, 2026 to holders of record Feb 13, 2026.
- Up from $0.04/unit in Q1 of fiscal 2025, a 450% increase.
- Increase primarily due to absence of negative adjustments that impacted prior year; positive adjustments of $30,820 and $51,072 plus Mobil sulfur payment $79,183.
- Cumulative 12-month distribution $0.99/unit, up 111% from $0.47/unit in prior comparable period.