Natural Resource Partners L.P. (NRP) To Go Ex-Dividend on November 19th

Natural Resource Partners L.P. (NYSE:NRP) declared a quarterly dividend on Tuesday, November 5th,Zacks Dividends reports. Stockholders of record on Tuesday, November 19th will be paid a dividend of 0.75 per share by the energy company on Tuesday, November 26th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date is Tuesday, November 19th.

Natural Resource Partners has raised its dividend by an average of 30.5% per year over the last three years.

Natural Resource Partners Trading Down 1.7 %

Shares of NRP stock opened at $105.66 on Friday. The business has a 50-day moving average of $97.38 and a 200 day moving average of $93.01. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.33 and a quick ratio of 2.33. Natural Resource Partners has a 1-year low of $68.32 and a 1-year high of $111.46. The stock has a market capitalization of $1.37 billion, a PE ratio of 8.50 and a beta of 0.50.

Analysts Set New Price Targets

Separately, StockNews.com lowered Natural Resource Partners from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 17th.

Natural Resource Partners Company Profile

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.