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North European Oil Royalty Trust Declares $0.26 Distribution

North European Oil Royalty Trust Declares $0.26 Distribution

Investors in North European Oil Royalty Trust will receive a distribution of $0.26 per unit for the third quarter of fiscal 2026. This payout, matching the same period last year, represents a notable increase over the $0.22 distributed to unit holders during the previous quarter.

The upcoming payment is scheduled for August 31, 2026, for all owners of record as of August 17. These royalty payments, governed by the Mobil and OEG agreements, are calculated based on revenues collected by the Trust in the preceding quarter. Further financial details will be formalized in the upcoming 10-Q filing, expected via the SEC’s EDGAR database around September 4.

Performance metrics indicate a significant rise in annual returns. The cumulative 12-month distribution now sits at $1.01 per unit, marking a 94.2% increase compared to the $0.52 recorded in the prior 12-month cycle. Trust administrator Edwin Sapienza oversees the distribution schedule, which typically occurs in February, May, August, and November.

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