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Natural Resources Partners LP (Natural Resources Partners LP) 3-Year Dividend Growth Rate

: 30.50% (As of Dec. 2023)
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Natural Resources Partners LP's Dividends per Share for the three months ended in Dec. 2023 was $0.75.

The historical rank and industry rank for Natural Resources Partners LP's 3-Year Dividend Growth Rate or its related term are showing as below:

NRP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -56.6   Med: 1.55   Max: 30.5
Current: 30.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Natural Resources Partners LP was 30.50% per year. The lowest was -56.60% per year. And the median was 1.55% per year.

NRP's 3-Year Dividend Growth Rate is ranked worse than
70.91% of 55 companies
in the Other Energy Sources industry
Industry Median: 45.4 vs NRP: 30.50

During the past 12 months, Natural Resources Partners LP's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -17.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Natural Resources Partners LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.18. As of today, Natural Resources Partners LP's Dividend Yield % is 3.36%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Thermal Coal subindustry, Natural Resources Partners LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Natural Resources Partners LP 3-Year Dividend Growth Rate Distribution

For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Natural Resources Partners LP's 3-Year Dividend Growth Rate falls into.



Natural Resources Partners LP 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Natural Resources Partners LP  (NYSE:NRP) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Natural Resources Partners LP's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.75/ 4.116
=0.18

During the past 13 years, the highest Dividend Payout Ratio of Natural Resources Partners LP was 1.43. The lowest was 0.19. And the median was 0.34.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Natural Resources Partners LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7502024-02-162024-02-202024-02-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-11-132023-11-142023-11-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-08-152023-08-162023-08-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-05-152023-05-162023-05-23Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Natural Resources Partners LP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3/89.47
=3.35 %

Current Share Price is $89.47.
Natural Resources Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.

During the past 13 years, the highest Dividend Yield of Natural Resources Partners LP was 83.81%. The lowest was 2.97%. And the median was 7.12%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Natural Resources Partners LP 3-Year Dividend Growth Rate Related Terms>


Natural Resources Partners LP (Natural Resources Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1415 Louisiana Street, Suite 3325, Houston, TX, USA, 77002
Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. the majority of the revenue is generated from the Mineral Rights segment. The business activity of the group functions through the United States.
Executives
Murphy Paul B Jr director OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
Philip T Warman officer: General Counsel & Secretary 123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK 73102-6406
Alexander David Greene director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Galdino J. Claro director 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Perry W Donahoo officer: CEO of VantaCore 1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Jennifer Lauren Odinet officer: Chief Accounting Officer 1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Kevin J Craig officer: VP of Business Development PO BOX 2827, HUNTINGTON WV 25727
Jasvinder Khaira director 1201 LOUISIANA STREET, SUITE 3400, HOUSTON TX 77002
Premium Resources, Llc 10 percent owner 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Jackson Leon George Iii director 235 MARLBERRY CIRCLE, JUPITER FL 33458
David M Hartz officer: VP, Oil and Gas 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Richard A Navarre director 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Christopher Zolas officer: Chief Accounting Officer 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Craig W Nunez officer: CFO and Treasurer 1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010
Dennis F Coker officer: Vice President - Aggregates 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002