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Natural Resources Partners LPNRP +0.67%66 Dividend Payout Ratio is 0.52 as of Mar. 2026, which is 79% above its 10-year median of 0.29. GuruFocus rates NRP with a GF Scoreâ„¢ of 66/100 and a GF Valueâ„¢ of $79.26 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 59 Other Energy Sources companies, Natural Resources Partners LP ranks better than 74.58% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Natural Resources Partners LP's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.52.
The historical rank and industry rank for Natural Resources Partners LP's Dividend Payout Ratio or its related term are showing as below:
NRP'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.29 Max: 0.74
Current: 0.36
During the past 13 years, the highest Dividend Payout Ratio of Natural Resources Partners LP was 0.74. The lowest was 0.19. And the median was 0.29.
NRP's Dividend Payout Ratio is ranked better than 74.58% of 59
companies
in the Other Energy Sources industry
Industry Median: 0.66
vs NRP: 0.36
During the past 13 years, the highest Trailing Annual Dividend Yield of Natural Resources Partners LP was 16.59%. The lowest was 2.39%. And the median was 5.28%.
During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 17.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 1.00% per year.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Natural Resources Partners LP (NYSE:NRP) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Natural Resources Partners LP Dividend Payout Ratio Related Terms
Natural Resources Partners LP Dividend Payout Ratio Historical Data
* 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 Dividend Payout Ratio Chart
NRP vs NC, BTU, ARLP: Dividend Payout Ratio Comparison
For the Thermal Coal subindustry, Natural Resources Partners LP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Natural Resources Partners LP's Dividend Payout Ratio falls into.
Natural Resources Partners LP Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* 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 (NRP) has a Dividend Payout Ratio of 0.52 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Natural Resources Partners LP and its competitors. This is 79% above median its historical median of 0.29. Over the past decade, Natural Resources Partners LP's Dividend Payout Ratio has ranged from 0.19 to 0.74. According to the industry distribution chart, Natural Resources Partners LP ranks #15 out of 59 companies in the Other Energy Sources industry, placing it in the top 25.4%.
Is Natural Resources Partners LP's Dividend Payout Ratio too high?
Natural Resources Partners LP's current Dividend Payout Ratio of 0.52 is 79% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.74. The Other Energy Sources industry median Dividend Payout Ratio is 0.66. Natural Resources Partners LP's value of 0.52 is 21.2% below this industry median. Based on the distribution chart, Natural Resources Partners LP ranks #15 out of 59 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Natural Resources Partners LP has a GF Scoreâ„¢ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Resources Partners LP's Dividend Payout Ratio compare to NC and BTU?
According to the Other Energy Sources industry distribution chart, Natural Resources Partners LP ranks #15 out of 59 companies for Dividend Payout Ratio. This puts Natural Resources Partners LP in the upper half of its industry. The industry median Dividend Payout Ratio is 0.66. Natural Resources Partners LP's value of 0.52 is 21.2% below this benchmark. Historically, Natural Resources Partners LP's own Dividend Payout Ratio has ranged from 0.19 to 0.74 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.66, Natural Resources Partners LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Other Energy Sources company?
The median Dividend Payout Ratio among Other Energy Sources companies is 0.66, based on 59 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Resources Partners LP's current Dividend Payout Ratio of 0.52 is 21.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Natural Resources Partners LP and its competitors. For the Other Energy Sources industry, the median Dividend Payout Ratio is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Resources Partners LP's current Dividend Payout Ratio is 0.52, which is 79% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Resources Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Natural Resources Partners LP (NRP) is currently considered Modestly Overvalued. The stock's GF Value™ is $79.26, compared to a current price of $98.00 — trading 23.6% above its estimated fair value. The current Dividend Payout Ratio is 0.52, which is 79% above median its 10-year median of 0.29 and 21.2% below the Other Energy Sources industry median of 0.66. Natural Resources Partners LP's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Natural Resources Partners LP (NRP), the current Dividend Payout Ratio is 0.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Natural Resources Partners LP (NRP) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Resources Partners LP stock appears to be overvalued.
The current stock price of $98.00 is trading 23.6% above its estimated GF Value™ of $79.26.
GuruFocus considers Natural Resources Partners LP to be Modestly Overvalued.
Key valuation signals for NRP:
Dividend Payout Ratio: 0.52 (79% above median its 10-year median of 0.29)
GF Value™: $79.26 vs. price of $98.00 (23.6% above fair value)
Industry Position: 21.2% below the Other Energy Sources median (#15 of 59)
No single metric tells the full story. See the NRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Resources Partners LP Business Description
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. Geographically, the company's business activity of the group functions through the United States.
66GF Score
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