Natural Resources Partners L.P Stock To Go Ex-dividend Tomorrow (NRP)

NEW YORK ( TheStreet) -- The ex-dividend date for Natural Resources Partners L.P (NYSE: NRP) is tomorrow, February 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $28.04 as of 9:30 a.m. ET, the dividend yield is 7.9%.

The average volume for Natural Resources Partners L.P has been 210,000 shares per day over the past 30 days. Natural Resources Partners L.P has a market cap of $2.94 billion and is part of the basic materials sector and metals & mining industry. Shares are up 3.2% year to date as of the close of trading on Monday.

Natural Resource Partners L.P., through its subsidiaries, engages in the ownership and management of coal properties in Appalachia, the Illinois Basin, and the Northern Powder River Basin regions of the United States. The company has a P/E ratio of 26.9, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Natural Resources Partners L.P as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally poor debt management. You can view the full Natural Resources Partners L.P Ratings Report.

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