/PRNewswire/ The Trustees of North European Oil Royalty Trust (NYSE: NRT) announced a quarterly distribution of $0.14 per unit for the fourth quarter of.
/PRNewswire/ The Trustees of North European Oil Royalty Trust (NYSE: NRT) announced a quarterly distribution of $0.14 per unit for the fourth quarter of.
North European Oil Royalty Trust Announces The Distribution For The Third Quarter Of Fiscal 2021 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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North European Oil Royalty Trust Announces The Distribution For The Second Quarter Of Fiscal 2021
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KEENE, N.H., April 30, 2021 /PRNewswire/ The Trustees of North European Oil Royalty Trust (NYSE-NRT) announced today a quarterly distribution of $0.14 per unit for the second quarter of fiscal 2021, payable on May 26, 2021 to owners of record on May 14, 2021. Natural gas sold during the first calendar quarter of 2021 is the primary source of royalty income on which the May 2021 distribution is based.
John R. Van Kirk, Managing Director, reported that this year s quarterly distribution of $0.14 per unit is 27.27%, or $0.03 per unit, higher than the distribution of $0.11 per unit for the second quarter of fiscal 2020. For the quarter ending April 30, 2021, the impact on royalty income of lower gas sales and gas prices was largely offset by a higher average exchange rate. There were no adjustments during the second quar