Natural Resource Partners (NRP) Raises Q2 Distribution $0.02 to $0.515
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Natural Resource Partners L.P. (NYSE: NRP) today announced that the Board of Directors of its general partner has declared a Q2 distribution of $0.515 per unit for NRP, an increase of $0.02 in its quarterly distribution. The distribution will be paid on August 14, 2008 to unitholders of record on August 1, 2008. This makes the twentieth consecutive quarter that NRP has increased its distribution.
Natural Resource Partners L.P. through its subsidiaries, engages in the ownership and management of coal properties in Appalachia, the Illinois Basin, and the Powder River Basin regions in the United States.
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