North European Oil Royalty Trust (NYSE:NRT) to Issue $0.02 Quarterly Dividend

North European Oil Royalty Trust (NYSE:NRT) declared a quarterly dividend on Thursday, October 31st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.02 per share by the energy company on Wednesday, November 27th. This represents a $0.08 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Friday, November 15th.

North European Oil Royalty Trust Price Performance

Shares of North European Oil Royalty Trust stock opened at $4.21 on Thursday. The firm has a fifty day moving average price of $5.05 and a 200 day moving average price of $5.96. North European Oil Royalty Trust has a 1 year low of $4.08 and a 1 year high of $8.62.

North European Oil Royalty Trust (NYSE:NRT) last issued its earnings results on Friday, August 30th. The energy company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $2.46 million for the quarter.

About North European Oil Royalty Trust

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.