North European Oil Royalty Trust Payout ratio
What is the Payout ratio of North European Oil Royalty Trust?
The Payout ratio of North European Oil Royalty Trust is 154.74%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Energy sector on NYSE compared to North European Oil Royalty Trust
What does North European Oil Royalty Trust do?
north european oil royalty trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the federal republic of germany. it has rights under contracts with german exploration and development subsidiaries of exxonmobil corp. and the royal dutch/shell group of companies. the company holds royalties for the sale of well gas, oil well gas, crude oil, condensate, and sulfur. north european oil royalty trust is based in keene, new hampshire.
Companies with payout ratio similar to North European Oil Royalty Trust
- BlackRock Enhanced Capital and Income Fund Inc has Payout ratio of 154.30%
- The Hong Kong and China Gas has Payout ratio of 154.46%
- Haidilao International has Payout ratio of 154.56%
- Ion Beam Applications SA has Payout ratio of 154.57%
- Bénéteau SA has Payout ratio of 154.66%
- BlackRock Virginia Municipal Bond Trust has Payout ratio of 154.74%
- North European Oil Royalty Trust has Payout ratio of 154.74%
- Impax Asset Management Plc has Payout ratio of 154.92%
- Kemper has Payout ratio of 155.00%
- Sienna Senior Living has Payout ratio of 155.25%
- ENGIE SA has Payout ratio of 155.33%
- Equinix Inc has Payout ratio of 155.47%
- Broadmark Realty Capital Inc has Payout ratio of 155.56%