DividendMay 1, 2026, 04:37 PM
North European Oil Royalty Trust Declares $0.22/Unit Q2 FY2026 Distribution
AI Summary
North European Oil Royalty Trust announced a distribution of $0.22 per unit for the second quarter of fiscal 2026. This represents an increase from the $0.20 per unit distributed in the same quarter of the prior fiscal year and matches the distribution from the first quarter of fiscal 2026. The cumulative 12-month distribution, including this payment, stands at $1.01 per unit, marking a significant 115% increase over the previous 12-month period.
Key Highlights
- North European Oil Royalty Trust declared a distribution of $0.22 per unit for the second quarter of fiscal 2026.
- This distribution is higher than the $0.20 per unit paid in the second quarter of fiscal 2025.
- The Q2 FY2026 distribution is equal to the $0.22 per unit paid in the first quarter of fiscal 2026.
- The distribution is payable on May 27, 2026, to owners of record on May 13, 2036.
- The cumulative 12-month distribution is $1.01 per unit, a 115% increase from the prior 12-month distribution of $0.47 per unit.
- Royalty payments for the quarter ending April 30, 2026, do not fully reflect the recent period of higher prices.
Price Impact
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