Natural Resource Partners L.P. (NYSE:NRP - Get Free Report) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 11th will be given a dividend of 1.21 per share by the energy company on Tuesday, March 18th. The ex-dividend date of this dividend is Tuesday, March 11th. This is a 245.7% increase from Natural Resource Partners's previous dividend of $0.35.
Natural Resource Partners has raised its dividend by an average of 18.6% per year over the last three years.
Natural Resource Partners Stock Performance
NRP traded up $10.62 on Wednesday, hitting $105.63. 46,505 shares of the company's stock were exchanged, compared to its average volume of 28,618. Natural Resource Partners has a twelve month low of $81.74 and a twelve month high of $113.04. The company has a current ratio of 2.33, a quick ratio of 2.33 and a debt-to-equity ratio of 0.35. The stock has a fifty day moving average of $104.93 and a two-hundred day moving average of $100.76. The firm has a market cap of $1.37 billion, a PE ratio of 8.50 and a beta of 0.56.
Natural Resource Partners (NYSE:NRP - Get Free Report) last released its quarterly earnings results on Friday, February 28th. The energy company reported $3.15 earnings per share for the quarter. Natural Resource Partners had a return on equity of 39.69% and a net margin of 68.22%. The company had revenue of $65.73 million for the quarter.
About Natural Resource Partners
(
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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.
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