North European Oil Royality Tru (NYSE:NRT):
North European Oil Royalty Trust Announces The Distribution For The Fourth Quarter Of Fiscal 2016.
In the market the company is trading down from yesterday’s close of $7.49.
Additionally North European Oil Royality Tru recently announced a dividend for shareholders paid on Wednesday the 31st of August 2016. The dividend payment was $0.195 per share for the quarter or $0.78 on an annualized basis. This dividend amount was represent a yeild of $10.48. The ex-dividend date was Wednesday the 17th of August 2016.
Shares are trading at $7.46 slightly below the 50 day moving average which is $7.54 and which is just under the 200 day moving average of $8.45. The 50 day moving average moved down $-0.10 whereas the 200 day moving average was down $-1.01 or -11.97%.
North European Oil Royality Tru’s P/E ratio is 9.55 and the market cap of the company is 68.37M.
Several brokerages have issued ratings on NRT. On September 23 the company was upgraded from “” to “Buy” in a report issued by Sandler O'Neill.