Looking at the universe of stocks we cover at Dividend Channel, on 2/13/13, North European Oil Royalty Trust (NYSE: NRT) will trade ex-dividend, for its quarterly dividend of $0.59, payable on 2/27/13. As a percentage of NRT's recent stock price of $26.80, this dividend works out to approximately 2.20%, so look for shares of North European Oil Royalty Trust to trade 2.20% lower — all else being equal — when NRT shares open for trading on 2/13/13.
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Below is a dividend history chart for NRT, showing historical dividends prior to the most recent $0.59 declared by North European Oil Royalty Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NRT is likely to continue, and whether the current estimated yield of 8.81% on annualized basis is a reasonable expectation of annual yield going forward.
In Monday trading, North European Oil Royalty Trust shares are currently up about 0.8% on the day.
