Natural Resource Partners LP(NYSE:NRP) Declares Dividend of $0.4500.

Natural Resource Partners LP (NYSE:NRP) had declared a cash dividend of $0.4500 on Jul 21, 2016. The shares will quote ex-dividend on Aug 3, 2016 and the record date has been fixed for Aug 5, 2016. On Jul 21, 2016 share price, the yield comes out to be 8.6580%. The dividend payable date has been fixed on Aug 12, 2016.

Natural Resource Partners LP (NRP) made into the market gainers list on Wednesdays trading session with the shares advancing 0.92% or 0.19 points. Due to strong positive momentum, the stock ended at $20.79, which is also near the day’s high of $20.96. The stock began the session at $20.67 and the volume stood at 29,028 shares. The 52-week high of the shares is $34.8 and the 52 week low is $5. The company has a current market capitalization of $254 M and it has 1,22,00,000 shares in outstanding.

Natural Resource Partners LP(NRP) last announced its earnings results on May 6, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $102.75M. Analysts had an estimated revenue of $100.74M. Earnings per share were $0.29. Analysts had estimated an EPS of $1.06.

Several Insider Transactions has been reported to the SEC. On Dec 18, 2015, David M Hartz (VP, Oil and Gas) purchased 228 shares at $10.90 per share price.Also, On May 13, 2015, Richard A Navarre (director) purchased 10,000 shares at $4.98 per share price.

Natural Resource Partners a limited partnership company. The Company is engaged principally in the business of owning managing and leasing a portfolio of mineral properties in the United States including interests in coal trona and soda ash crude oil and natural gas construction aggregates frac sand and other natural resources. The company’s coal reserves are located in the three United States coal-producing regions: Appalachia the Illinois Basin and the Western United States as well as lignite reserves in the Gulf Coast region. The company leases its reserves to mine operators under long-term leases that grant the operators the right to mine and sell its reserves in exchange for royalty payments. It also owns and manages infrastructure assets that generate revenues primarily in the Illinois Basin.

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