Natural Resource Partners LP (NYSE:NRP) Plans $0.75 Quarterly Dividend

Key Points

• Natural Resource Partners LP declared a quarterly dividend of $0.75 per share, with an ex‑dividend/record date of May 19 and payment on May 26, implying a dividend yield of about 2.6%.
• The company reported a strong quarter—EPS of $1.44 vs. $0.25 expected and revenue of $47.18M vs. $37.8M—showing a 65.16% net margin and 22.52% ROE, while shares traded down to $115.44 on elevated volume.

Natural Resource Partners LP (NYSE:NRP - Get Free Report) declared a quarterly dividend on Wednesday, May 6th. Investors of record on Tuesday, May 19th will be given a dividend of 0.75 per share by the energy company on Tuesday, May 26th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, May 19th.

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

Natural Resource Partners Price Performance

Shares of Natural Resource Partners stock traded down $2.44 during midday trading on Wednesday, hitting $115.44. 121,340 shares of the company were exchanged, compared to its average volume of 38,641. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.85 and a quick ratio of 1.85. The firm has a market cap of $1.53 billion, a P/E ratio of 11.50 and a beta of 0.19. Natural Resource Partners has a 52 week low of $91.79 and a 52 week high of $128.60. The firm has a 50 day simple moving average of $120.00 and a 200-day simple moving average of $112.90.

Natural Resource Partners (NYSE:NRP - Get Free Report) last posted its earnings results on Wednesday, May 6th. The energy company reported $1.44 EPS for the quarter, topping the consensus estimate of $0.25 by $1.19. The business had revenue of $47.18 million during the quarter, compared to the consensus estimate of $37.80 million. Natural Resource Partners had a return on equity of 22.52% and a net margin of 65.16%.

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.

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