North European Oil Royalty Trust

North European Oil Royalty Trustverified

NRT

Price:

$5.23

Market Cap:

$48.07M

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 has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. It holds royalties for the sale of gas well gas, oil well gas, crude oil, condensate, and sulfur. North European Oil Royalty Trust is based in Keene, New Hampshire.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

NRT

The Dividend Yield as of September 2024 (TTM) for North European Oil Royalty Trust (NRT) is 8.80%

According to North European Oil Royalty Trust’s latest financial reports and current stock price. The company's current Dividend Yield is 8.80%. This represents a change of 1.24% compared to the average of 0.65% of the last 4 quarters.

North European Oil Royalty Trust (NRT) Historical Dividend Yield (quarterly & annually)

How has NRT Dividend Yield performed in the past?

The mean historical Dividend Yield of North European Oil Royalty Trust over the last ten years is 12.37%. The current 8.80% Dividend Yield has changed -28.90% with respect to the historical average. Over the past ten years (40 quarters), NRT's Dividend Yield was at its highest in in the April 2023 quarter at 6.99%. The Dividend Yield was at its lowest in in the January 2024 quarter at 0%.

Quarterly (TTM)
Annual

Average

12.37%

Median

11.07%

Minimum

3.84%

Maximum

27.47%

North European Oil Royalty Trust (NRT) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of North European Oil Royalty Trust Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 247.09%

Maximum Annual Dividend Yield = 27.47%

Minimum Annual Increase = -73.89%

Minimum Annual Dividend Yield = 3.84%

Quarterly (TTM)
Annual
YearDividend YieldChange
202327.47%247.09%
20227.92%106.24%
20213.84%-73.89%
202014.70%11.04%
201913.24%23.59%
201810.71%8.07%
20179.91%-1.54%
201610.06%-30.32%
201514.44%26.41%
201411.43%16.93%

North European Oil Royalty Trust (NRT) Average Dividend Yield

How has NRT Dividend Yield performed in the past?

The current Dividend Yield of North European Oil Royalty Trust (NRT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

13.08%

5-year avg

13.43%

10-year avg

12.37%

North European Oil Royalty Trust (NRT) Dividend Yield vs. Peers

How is NRT’s Dividend Yield compared to its peers?

North European Oil Royalty Trust’s Dividend Yield is less than Cross Timbers Royalty Trust (11.83%), less than VOC Energy Trust (16.52%), less than Sabine Royalty Trust (9.79%), less than Permianville Royalty Trust (7.77%), less than San Juan Basin Royalty Trust (0%), less than Mesa Royalty Trust (6.73%), less than MV Oil Trust (5.82%), less than PermRock Royalty Trust (17.55%), less than null (10.81%),

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