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

Natural Resource Partners LP (NYSE:NRP) declared a quarterly dividend on Wednesday, August 5th. Shareholders 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 yield of 2.9%. The ex-dividend date of this dividend is Tuesday, August 18th.

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

Natural Resource Partners Stock Performance

Natural Resource Partners stock opened at $104.47 on Friday. The company’s 50-day moving average price is $100.37 and its 200-day moving average price is $111.03. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.02. The company has a market cap of $1.38 billion, a PE ratio of 13.33 and a beta of 0.15. Natural Resource Partners has a twelve month low of $95.51 and a twelve month high of $128.60.

Natural Resource Partners (NYSE:NRP) last announced 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. The firm had revenue of $52.97 million during the quarter, compared to the consensus estimate of $37.70 million. Natural Resource Partners had a net margin of 57.13% and a return on equity of 16.65%.

About Natural Resource Partners

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.