NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE DISTRIBUTION FOR THE THIRD QUARTER OF FISCAL 2024
North European Oil Royality Trust (NRT)
US:NYSE Investor Relations:
neort.com/investors.html
Company Research
Source: PR Newswire
KEENE, N.H., July 31, 2024 /PRNewswire/ -- The Trustees of North European Oil Royalty Trust (NYSE: NRT) announced today a quarterly distribution of $0.21 per unit for the third quarter of fiscal 2024, payable on August 28, 2024 to holders of record on August 16, 2024. The distribution for the third quarter of fiscal 2023 was also $0.21 per unit. Distributions are based on actual royalty income received less incurred and anticipated expenses. The Trust receives its royalties under the Mobil and OEG Royalty Agreements as detailed in the 2023 10-K on the Trust's website. The Trust's scheduled monthly royalty payments are paid based on the amount of royalties payable to the Trust in the prior calendar quarter. End-of-quarter royalty adjustments result from the need to align scheduled royalty payments from the operating companies with actual royalties that should have been paid in the immediately preceding calendar quarter. When actual prices and volumes are reported, there will be a
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Sec Filings
- 9/17/24 - Form 8-K
- 8/30/24 - Form 10-Q
- 8/1/24 - Form 8-K
- NRT's page on the SEC website