Rhino Resource Partners Plans Quarterly Dividend of $0.45 (RNO)
Rhino Resource Partners (NYSE:RNO) declared a quarterly dividend on Tuesday, January 22nd. Investors of record on Friday, February 1st will be given a dividend of $0.45 per share on Thursday, February 14th. This represents a $1.78 dividend on an annualized basis and a yield of 11.34%.
Shares of Rhino Resource Partners (RNO) traded up 0.06% during mid-day trading on Tuesday, hitting $15.66. Rhino Resource Partners (RNO) has a one year low of $12.11 and a one year high of $21.93. The stock’s 50-day moving average is currently $13.84. The company has a market cap of $434.5 million and a P/E ratio of 10.22.
Rhino Resource Partners last issued its quarterly earnings data on Thursday, November 1st. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.05. The company’s revenue for the quarter was up .0% on a year-over-year basis. On average, analysts predict that Rhino Resource Partners (RNO) will post $1.33 earnings per share for the current fiscal year.
Rhino Resource Partners LP (the Partnership) was formed to control and operate coal properties and related assets.
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