Looking at the universe of stocks we cover at Dividend Channel, on 11/13/13, North European Oil Royalty Trust (NRT) will trade ex-dividend, for its quarterly dividend of $0.53, payable on 11/27/13. As a percentage of NRT's recent stock price of $23.66, this dividend works out to approximately 2.24%, so look for shares of North European Oil Royalty Trust to trade 2.24% lower — all else being equal — when NRT shares open for trading on 11/13/13.
Below is a dividend history chart for NRT, showing historical dividends prior to the most recent $0.53 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 8.96% 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 $21.13 per share, with $27.85 as the 52 week high point — that compares with a last trade of $23.66.
In Monday trading, North European Oil Royalty Trust shares are currently up about 1.1% on the day.