Natural Resource (NRP) Announces Dividend of $0.35
Natural Resource (NYSE:NRP) declared a dividend on Thursday, January 9th, Stock Ratings Network.com reports. Investors of record on Tuesday, January 21st will be given a dividend of 0.35 per share on Friday, January 31st. The ex-dividend date of this dividend is Thursday, January 16th.
On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Natural Resource in a research note to investors on Tuesday, November 19th. They now have a $21.00 price target on the stock.
Natural Resource (NYSE:NRP) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.04. The company had revenue of $82.20 million for the quarter, compared to the consensus estimate of $85.45 million. During the same quarter last year, the company posted $0.48 earnings per share. Natural Resource’s revenue was down 12.7% compared to the same quarter last year.
Natural Resource Partners L.P. is a limited partnership engaged principally in the business of owning and managing coal properties in the three coal-producing regions of the United States: Appalachia, the Illinois Basin and the Western United States.
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