Natural Resource Partners L.P. (NYSE:NRP) Plans Quarterly Dividend of $0.75

Natural Resource Partners L.P. (NYSE:NRP) declared a quarterly dividend on Thursday, February 6th,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be paid a dividend of 0.75 per share by the energy company on Tuesday, February 25th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date of this dividend is Tuesday, February 18th.

Natural Resource Partners has increased its dividend payment by an average of 18.6% annually over the last three years.

Natural Resource Partners Trading Down 2.5 %

Shares of NRP stock traded down $2.54 on Thursday, reaching $101.21. 41,040 shares of the stock were exchanged, compared to its average volume of 31,777. Natural Resource Partners has a 1-year low of $81.74 and a 1-year high of $113.04. The stock has a market cap of $1.31 billion, a P/E ratio of 8.14 and a beta of 0.56. The company has a quick ratio of 2.33, a current ratio of 2.33 and a debt-to-equity ratio of 0.35. The firm has a 50 day moving average of $107.09 and a two-hundred day moving average of $99.26.

Natural Resource Partners (NYSE:NRP) last issued its earnings results on Tuesday, November 5th. The energy company reported $2.00 EPS for the quarter. The business had revenue of $60.33 million for the quarter. Natural Resource Partners had a net margin of 68.22% and a return on equity of 39.69%.

About Natural Resource Partners

Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates in two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties located in the United States; and oil and gas properties located in Louisiana.