Natural Resources Partners L.P Stock To Go Ex-dividend Tomorrow (NRP)
The ex-dividend date for Natural Resources Partners L.P (NYSE:NRP) is tomorrow, May 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $24.99 as of 9:30 a.m., the dividend yield is 8.9%.
NEW YORK ( TheStreet) -- The ex-dividend date for Natural Resources Partners L.P (NYSE: NRP) is tomorrow, May 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $24.99 as of 9:30 a.m. ET, the dividend yield is 8.9%. The average volume for Natural Resources Partners L.P has been 255,400 shares per day over the past 30 days. Natural Resources Partners L.P has a market cap of $2.61 billion and is part of the basic materials sector and metals & mining industry. Shares are down 8% 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 49.2, 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, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Natural Resources Partners L.P Ratings Report. See our dividend calendar or top-yielding stocks list.