Natural Resource Partners L.P. (NRP) To Go Ex-Dividend on February 18th

Natural Resource Partners L.P. (NYSE:NRP) announced a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.75 per share by the energy company on Tuesday, February 25th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date is Tuesday, February 18th.

Natural Resource Partners has increased its dividend payment by an average of 18.6% annually over the last three years.

Natural Resource Partners Stock Down 2.5 %

NRP opened at $101.21 on Friday. Natural Resource Partners has a 12 month low of $81.74 and a 12 month high of $113.04. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.33 and a quick ratio of 2.33. The stock has a market cap of $1.31 billion, a P/E ratio of 8.14 and a beta of 0.56. The stock’s 50 day moving average price is $106.93 and its 200 day moving average price is $99.27.

Natural Resource Partners (NYSE:NRP) last posted its earnings results on Tuesday, November 5th. The energy company reported $2.00 EPS for the quarter. Natural Resource Partners had a return on equity of 39.69% and a net margin of 68.22%. The firm had revenue of $60.33 million for the quarter.

About Natural Resource Partners

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.