NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE DISTRIBUTION FOR THE FIRST QUARTER OF FISCAL 2026

Core Viewpoint - North European Oil Royalty Trust announced a significant increase in its quarterly distribution for the first quarter of fiscal 2026, raising it to $0.22 per unit from $0.04 per unit in the same quarter of fiscal 2025, indicating a strong recovery in royalty payments [1][2]. Distribution Details - The quarterly distribution of $0.22 per unit is payable on February 25, 2026, to owners of record on February 13, 2026 [1]. - The cumulative 12-month distribution, including the January 2026 distribution and the three prior quarterly distributions, totals $0.99 per unit, which is 111% higher than the previous 12-month distribution of $0.47 per unit [3]. Adjustments and Payments - The increase in the first quarter distribution is attributed to the absence of negative adjustments that affected the previous year's distribution, along with positive end-of-quarter adjustments totaling $161,075 [2]. - Specific positive adjustments included $30,820 and $51,072, along with a Mobil sulfur payment of $79,183 for the first quarter of fiscal 2026 [2].