North European Oil Royalty Trust Q1 distribution rises to $0.22 per unit from $0.04
North European Oil Royalty Trust announced a first-quarter fiscal 2026 distribution of $0.22 per unit, up from $0.04 per unit a year earlier. The filing says the increase mainly reflects the absence of negative adjustments that reduced the prior-year payment, so unitholders would receive a larger payout.
Key points
- Distribution of $0.22 per unit, payable February 25, 2026 to unit owners of record on February 13, 2026
- Prior-year first-quarter distribution was $0.04 per unit; 2025 payment was reduced by $1,754,661 in remaining negative adjustments from calendar 2023
- Trailing 12-month cumulative distribution is $0.99 per unit, versus $0.47 for the prior 12-month period
- Further details are to be provided in the 10-Q scheduled for release on or about February 27, 2026
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.