North European Oil Royalty Trust announced a quarterly distribution of $0.17 per unit for the first quarter of fiscal 2018, payable on February 28, 2018 to holders of record on February 16, 2018. Quarterly distribution of $0.17 per unit is 13.33%, or $0.02 per unit, higher than the distribution of $0.15 per unit for the first quarter of fiscal 2017.