Ex-Div Reminder for Natural Resources Partners (NRP)

Looking at the universe of stocks we cover at Dividend Channel, on 11/3/16, Natural Resources Partners L.P. ( NRP) will trade ex-dividend, for its quarterly dividend of $0.45, payable on 11/14/16. As a percentage of NRP's recent stock price of $26.87, this dividend works out to approximately 1.67%, so look for shares of Natural Resources Partners L.P. to trade 1.67% lower — all else being equal — when NRP shares open for trading on 11/3/16.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for NRP, showing historical dividends prior to the most recent $0.45 declared by Natural Resources Partners L.P.:

NRP+Dividend+History+Chart

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 6.70% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NRP shares, versus its 200 day moving average:

Natural Resources Partners L.P. 200 Day Moving Average Chart

Looking at the chart above, NRP's low point in its 52 week range is $5.00 per share, with $31.29 as the 52 week high point — that compares with a last trade of $26.87.

In Tuesday trading, Natural Resources Partners L.P. shares are currently down about 1.4% on the day.

If you liked this article you might like

8 Stocks Spiking on Unusual Volume

8 Stocks Spiking on Unusual Volume

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Wednesday: NRP, GMLP, SIMO

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Wednesday: NRP, GMLP, SIMO

3 Sell-Rated Dividend Stocks: IEP, NRP, RESI

3 Sell-Rated Dividend Stocks: IEP, NRP, RESI

3 Sell-Rated Dividend Stocks: ASC, IEP, NRP

3 Sell-Rated Dividend Stocks: ASC, IEP, NRP

What To Sell: 3 Sell-Rated Dividend Stocks GLOP, NRP, USDP

What To Sell: 3 Sell-Rated Dividend Stocks GLOP, NRP, USDP