North European Oil Royalty Trust (NYSE:NRT) Raises Dividend to $0.20 Per Share

Posted by Casey Walker on May 16th, 2025

North European Oil Royalty Trust (NYSE:NRT – Get Free Report) declared a dividend on Friday, May 16th, investing.com reports. Stockholders of record on Monday, May 19th will be given a dividend of 0.20 per share by the energy company on Wednesday, May 28th. This represents a dividend yield of 16.7%. The ex-dividend date of this dividend is Friday, May 16th. This is a 25.0% increase from North European Oil Royalty Trust’s previous dividend of $0.16.

North European Oil Royalty Trust Stock Performance

Shares of NYSE:NRT opened at $4.76 on Friday. The firm has a market cap of $43.75 million, a price-to-earnings ratio of 9.15 and a beta of 0.11. The business has a 50-day simple moving average of $4.53 and a two-hundred day simple moving average of $4.46. North European Oil Royalty Trust has a fifty-two week low of $3.88 and a fifty-two week high of $7.76.

North European Oil Royalty Trust (NYSE:NRT – Get Free Report) last announced its earnings results on Friday, February 28th. The energy company reported $0.04 earnings per share for the quarter. The business had revenue of $0.51 million during the quarter. North European Oil Royalty Trust had a net margin of 87.43% and a return on equity of 537.09%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on North European Oil Royalty Trust in a research report on Thursday, May 8th. They set a “hold” rating on the stock.

Read Our Latest Research Report on NRT

North European Oil Royalty Trust Company Profile

(Get Free Report)

North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. The company also has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies.