Natural Resource Partners LP to Issue Quarterly Dividend of $0.75 (NYSE:NRP)

Natural Resource Partners LP (NYSE:NRP) declared a quarterly dividend on Wednesday, February 4th. Investors of record on Tuesday, February 17th will be given a dividend of 0.75 per share by the energy company on Tuesday, February 24th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, February 17th.

Natural Resource Partners has increased its dividend payment by an average of 0.2%per year over the last three years.

Natural Resource Partners Stock Down 0.1%

Shares of NRP traded down $0.08 during midday trading on Thursday, reaching $118.19. The stock had a trading volume of 200 shares, compared to its average volume of 50,465. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 10.82 and a beta of 0.22. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.14 and a quick ratio of 2.14. The company’s fifty day simple moving average is $108.67 and its two-hundred day simple moving average is $105.44. Natural Resource Partners has a 1-year low of $86.83 and a 1-year high of $123.40.

Natural Resource Partners (NYSE:NRP) last announced its quarterly earnings results on Tuesday, November 4th. The energy company reported $2.28 EPS for the quarter. The company had revenue of $49.93 million for the quarter. Natural Resource Partners had a net margin of 64.78% and a return on equity of 25.31%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “buy (b-)” rating on shares of Natural Resource Partners in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Natural Resource Partners presently has an average rating of “Buy”.

Natural Resource Partners Company Profile

Natural Resource Partners LP (NYSE: NRP) is a master limited partnership that acquires and manages royalty and other mineral interests in coal and other natural resources across North America and Australia. The partnership was formed in 2010 as a spin-out from a major U.S. coal producer and is headquartered in Fairmont, West Virginia. Its core business model centers on owning gross proceeds interests, gross royalty proceeds interests and fee minerals, which provide the right to receive a portion of revenues from mining and mineral production without operating the mines directly.

NRP’s U.S.