- Seeking Alpha recently announced a “top stock for a high inflation environment” competition.
- North European Oil Royalty Trust is a solid candidate for this contest.
- This is because energy stocks tend to do well in inflationary environments.
- Moreover, NRT is one of Germany’s few domestic gas producers, making it of critical importance given Germany’s dependence on Russian energy and the war in Ukraine.
- Finally, the trust has a simple business model and pays out significant and variable dividends that supplement the possibility of capital appreciation.
For further details see:
North European Oil Royalty Trust: A Strong Inflation Hedge