Natural Resource Partners LP Declares Special Dividend of $0.12 (NYSE:NRP)

Natural Resource Partners LP (NYSE:NRP) declared a special dividend on Friday, February 27th. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.12 per share by the energy company on Tuesday, March 17th. The ex-dividend date of this dividend is Tuesday, March 10th.

Natural Resource Partners has increased its dividend by an average of 0.2%annually over the last three years.

Natural Resource Partners Price Performance

Shares of NYSE:NRP traded down $2.56 during trading on Friday, hitting $120.95. 184,658 shares of the company’s stock were exchanged, compared to its average volume of 37,024. The business’s 50-day simple moving average is $115.32 and its 200 day simple moving average is $107.90. The company has a market cap of $1.57 billion, a price-to-earnings ratio of 11.08 and a beta of 0.22. Natural Resource Partners has a 52-week low of $86.83 and a 52-week high of $128.60. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.14 and a quick ratio of 2.14.

Natural Resource Partners (NYSE:NRP) last posted its quarterly earnings results on Friday, February 27th. The energy company reported $2.27 EPS for the quarter. Natural Resource Partners had a return on equity of 25.31% and a net margin of 64.78%.The company had revenue of $46.71 million for the quarter.

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.