Natural Resource Partners (NRP) Declares $0.045 Quarterly Dividend; 7.4% Yield

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Go back to Natural Resource Partners (NRP) Declares $0.045 Quarterly Dividend; 7.4% Yield

Natural Resource Partners Declares Quarterly Distribution and Provides Update to Long-Term Strategic Plan

October 22, 2015 8:00 AM EDT

HOUSTON, Oct. 22, 2015 /PRNewswire/ -- Natural Resource Partners L.P. (NYSE: NRP) provided an update to its long-term plan to strengthen its balance sheet and reduce debt. Today the Board of Directors of its general partner has declared a third quarter 2015 distribution of $0.045 per unit for NRP, representing a 50% reduction from the distribution paid with respect to the second quarter 2015. The distribution will be paid on November 13, 2015 to unitholders of record on November 5, 2015.

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