Natural Resource Partners L.P. (NYSE:NRP - Get Free Report) announced a quarterly dividend on Wednesday, May 8th, Wall Street Journal reports. Stockholders of record on Tuesday, May 21st will be paid a dividend of 0.75 per share by the energy company on Tuesday, May 28th. This represents a $3.00 annualized dividend and a dividend yield of 3.33%. The ex-dividend date of this dividend is Monday, May 20th.
Natural Resource Partners has increased its dividend by an average of 30.5% per year over the last three years.
Natural Resource Partners Price Performance
Shares of NRP stock traded down $0.31 during trading hours on Wednesday, hitting $90.04. 39,833 shares of the company's stock were exchanged, compared to its average volume of 26,827. The stock's 50-day moving average is $90.31 and its 200-day moving average is $86.69. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 6.85 and a beta of 0.47. Natural Resource Partners has a 52 week low of $44.68 and a 52 week high of $102.00.
Natural Resource Partners (NYSE:NRP - Get Free Report) last announced its earnings results on Thursday, March 7th. The energy company reported $4.31 EPS for the quarter. The company had revenue of $93.16 million for the quarter. Natural Resource Partners had a return on equity of 44.05% and a net margin of 59.68%.
Analyst Ratings Changes
Separately, StockNews.com raised Natural Resource Partners from a "buy" rating to a "strong-buy" rating in a research note on Friday, March 8th.
Check Out Our Latest Analysis on NRP
About Natural Resource Partners
(
Get Free Report)
Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates in two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties located in the United States; and oil and gas properties located in Louisiana.
Recommended Stories
Before you consider Natural Resource Partners, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Natural Resource Partners wasn't on the list.
While Natural Resource Partners currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
