Looking at the universe of stocks we cover at Dividend Channel, on 5/15/13, North European Oil Royalty Trust (NRT) will trade ex-dividend, for its quarterly dividend of $0.64, payable on 5/29/13. As a percentage of NRT's recent stock price of $25.45, this dividend works out to approximately 2.51%, so look for shares of North European Oil Royalty Trust to trade 2.51% lower — all else being equal — when NRT shares open for trading on 5/15/13.
Below is a dividend history chart for NRT, showing historical dividends prior to the most recent $0.64 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 10.06% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NRT shares, versus its 200 day moving average:Looking at the chart above, NRT's low point in its 52 week range is $21.30 per share, with $33.45 as the 52 week high point — that compares with a last trade of $25.45.
In Monday trading, North European Oil Royalty Trust shares are currently up about 0.4% on the day.