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

Natural Resource Partners LP (NYSE:NRP) declared a quarterly dividend on Wednesday, August 5th. Investors of record on Tuesday, August 18th will be paid a dividend of 0.75 per share by the energy company on Tuesday, August 25th. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Tuesday, August 18th.

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

Natural Resource Partners Trading Up 8.1%

NRP traded up $7.82 during mid-day trading on Wednesday, hitting $104.76. The stock had a trading volume of 124,527 shares, compared to its average volume of 44,483. The stock’s fifty day simple moving average is $100.55 and its 200-day simple moving average is $111.75. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.09 and a quick ratio of 2.09. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 12.31 and a beta of 0.15. Natural Resource Partners has a 1-year low of $95.51 and a 1-year high of $128.60.

Natural Resource Partners (NYSE:NRP) last announced its quarterly earnings results on Wednesday, August 5th. The energy company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $1.55. The company had revenue of $52.97 million during the quarter, compared to analyst estimates of $37.70 million. Natural Resource Partners had a net margin of 61.28% and a return on equity of 18.49%.

About Natural Resource Partners

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.