Looking at the universe of stocks we cover at Dividend Channel, on 1/16/14, Natural Resources Partners L.P. (NRP) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 1/31/14. As a percentage of NRP's recent stock price of $16.59, this dividend works out to approximately 2.11%, so look for shares of Natural Resources Partners L.P. to trade 2.11% lower — all else being equal — when NRP shares open for trading on 1/16/14.
Below is a dividend history chart for NRP, showing historical dividends prior to the most recent $0.35 declared by Natural Resources Partners L.P.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NRP is likely to continue, and whether the current estimated yield of 8.44% on annualized basis is a reasonable expectation of annual yield going forward.
According to the ETF Finder at ETF Channel, NRP makes up 3.07% of the Coal ETF (KOL) which is trading higher by about 0.6% on the day Tuesday.
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