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

Natural Resource Partners LP (NYSE:NRP) announced a quarterly dividend on Wednesday, May 6th. Stockholders 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) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, May 19th.

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

Natural Resource Partners Trading Down 2.1%

Shares of NRP stock traded down $2.44 on Wednesday, reaching $115.44. 121,340 shares of the stock were exchanged, compared to its average volume of 38,641. The stock has a market cap of $1.53 billion, a PE ratio of 11.50 and a beta of 0.19. Natural Resource Partners has a one year low of $91.79 and a one year high of $128.60. 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 stock has a 50 day moving average price of $120.00 and a 200 day moving average price of $112.90.

Natural Resource Partners (NYSE:NRP) last released its earnings results on Wednesday, May 6th. The energy company reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $1.19. The company 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%.

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.