North European Oil Royality Trust (NRT) To Go Ex-Dividend on May 13th

North European Oil Royality Trust (NYSE:NRTGet Free Report) declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Wednesday, May 13th will be paid a dividend of 0.22 per share by the energy company on Wednesday, May 27th. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date of this dividend is Wednesday, May 13th.

North European Oil Royality Trust has increased its dividend by an average of 0.0%per year over the last three years.

North European Oil Royality Trust Trading Down 0.4%

Shares of NRT stock opened at $8.23 on Monday. The company has a market cap of $75.60 million, a price-to-earnings ratio of 8.31 and a beta of -0.04. The stock has a 50 day simple moving average of $8.78 and a 200-day simple moving average of $7.72. North European Oil Royality Trust has a 12-month low of $4.36 and a 12-month high of $10.49.

North European Oil Royality Trust (NYSE:NRTGet Free Report) last issued its earnings results on Monday, March 2nd. The energy company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $2.21 million during the quarter. North European Oil Royality Trust had a return on equity of 516.79% and a net margin of 92.51%.

North European Oil Royality Trust Company Profile

(Get Free Report)

North European Oil Royalty Trust (NYSE: NRT) is a statutory trust that holds an overriding royalty interest in a diversified portfolio of oil and natural gas properties located in the United Kingdom sector of the North Sea. The trust’s sole business is to receive royalty revenues from production activities on its underlying fields and distribute those revenues directly to unitholders. It does not engage in exploration, drilling or field operations.

Under the terms of its governing agreement, the trust is entitled to a fixed percentage of net production revenues, after the deduction of operating and administrative expenses, from a series of established oil and gas fields in the North Sea region.

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Dividend History for North European Oil Royality Trust (NYSE:NRT)

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