Dividends & Buybacks ·
North European Oil Royalty Trust declares $0.20 per unit distribution for fourth quarter of fiscal 2026
NRTNorth European Oil Royalty Trust
The North European Oil Royalty Trust announced a cash distribution of $0.20 per unit for the fourth quarter of fiscal 2026, down from $0.31 in the prior year period and $0.26 in the third quarter of fiscal 2026. The payment is scheduled for November 30, 2026 to holders of record as of November 17, 2026. A maintenance shutdown at a de-sulfurization plant caused an overpayment of royalties during the quarter, creating a negative carry-over that is expected to reduce distributions in the first fiscal quarter of 2027. The cumulative 12-month distribution stands at $0.90 per unit. North European Oil Royalty Trust operates as a royalty trust holding interests in oil and gas concessions.