Is North European Oil Royalty Trust a good dividend stock?

North European Oil Royalty Trust (NRT) is a dividend-paying stock with a current dividend yield of 11.09%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is NRT's dividend yield?

The dividend yield for NRT stock is currently 11.09%.

How much does NRT pay in dividends per year?

North European Oil Royalty Trust pays an annual dividend of $1.0100 per share over the trailing twelve months.

How often does NRT pay dividends?

NRT stock pays dividends quarterly.

Is NRT's dividend growing?

North European Oil Royalty Trust's 3-year dividend CAGR is -23.55%.

NRT Stock Price, Chart, Stats & News

North European Oil Royalty Trust

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Overview Dividend safety Dividends Fundamentals

North European Oil Royalty Trust (NRT) is a dividend-paying stock with a current dividend yield of 11.09% as of Sep 14, 2026. It pays $1.01 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 23.61% 5-year compound annual rate.

83.73M

Market cap

9.02x

Current P/E

–

Forward P/E

11.09%

Dividend yield

$1.01

NRT dividend

Dividend safety

At-risk

NRT pays out about 100% of earnings, leaving little safety margin.

See the safety analysis

NRT chart

Fundamentals

Gross margin	97.28%
Operating margin	91.92%
Pretax margin	92.51%
Net margin	92.51%
Effective tax rate	–
ROA	247.31%
ROE	689.28%
D/E	–
Interest coverage ratio	–

All financials

NRT valuation

P/E	9.02x
P/S	8.15x
P/B	–
P/CF	10.29x
P/FCF	10.29x
P/OCF	10.29x
PEG	0.43x
EV multiple	9.27x

About

Energy

Sector

Oil & Gas Exploration & Production

Industry

The North European Oil Royalty Trust (NEORT) functions as a grantor trust, possessing overriding royalty interests tied to petroleum and natural gas extraction from various licensed areas and concessions within Germany. These rights stem from agreements with the German exploration and development divisions of major energy firms, specifically ExxonMobil Corporation and the Royal Dutch/Shell Group. The trust earns royalties from the sale of a range of hydrocarbon products, including natural gas from gas wells, associated gas from oil wells, crude petroleum, condensate, and sulfur.