Natural Resource Partners LP (NRP) To Go Ex-Dividend on August 18th

Natural Resource Partners LP (NYSE:NRP) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Tuesday, August 18th will be given a dividend of 0.75 per share by the energy company on Tuesday, August 25th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, August 18th.

Natural Resource Partners has raised its dividend payment by an average of 0.3%per year over the last three years.

Natural Resource Partners Stock Down 0.1%

NYSE NRP opened at $104.88 on Friday. Natural Resource Partners has a 1 year low of $95.51 and a 1 year high of $128.60. The stock has a market capitalization of $1.39 billion, a PE ratio of 13.38 and a beta of 0.15. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.09 and a quick ratio of 2.09. The business’s 50-day moving average is $100.55 and its 200 day moving average is $111.57.

Natural Resource Partners (NYSE:NRP) last released its quarterly earnings results on Wednesday, August 5th. The energy company reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $1.55. Natural Resource Partners had a return on equity of 16.82% and a net margin of 57.13%.The business had revenue of $52.97 million during the quarter, compared to analyst estimates of $37.70 million.

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.