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NRT - North European Oil Royalty Trust declares $0.02 dividend a decrease of 75%
North European Oil Royality Trust
North European Oil Royalty Trust (NRT) declares $0.02/share quarterly dividend, -75% decrease from prior dividend of $0.08.Forward yield 2.56%Payable Nov. 25; for shareholders of record Nov. 13; ex-div Nov. 12.For the quarter ending October 31, 2020, the combination of lower gas sales and gas prices as well as negative royalty adjustments from the prior quarter and from calendar 2019 resulted in the lower distribution.See NRT Dividend Scorecard, Yield Chart, & Dividend Growth.