SmarterDividends
NRP

Natural Resource Partners L.P.

NRP

Energy · Stock · quarterly payer

Forward Yield

2.83%

Annual Dividend

$3.00

Payout Ratio

35%

5-Yr Growth

10.8%

Ex-Date

May 19, 2026

Frequency

Quarterly

NRP Dividend Safety Score

65/ 100
Grade C

Borderline

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2026
Earnings payout coverage35% of earnings paid out
Free-cash-flow coverage33% of free cash flow
Balance-sheet strengthDebt/equity of 0.10
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NRP a good dividend stock?

Yes, with caveats

Natural Resource Partners L.P. (NRP) pays a quarterly dividend yielding 2.83% ($3.00/yr), with 9 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (35%)
  • Strong 10.8% 5-yr dividend growth
  • 401% total price return over 5 years

Risks

  • Cut its dividend in 2016

Key Data

Dividend Yield
2.83%
Payout Ratio
35%
Annual Dividend
$3.00
5-Yr Avg Growth
10.8%
Ex-Dividend Date
May 19, 2026
Years of Growth
9
Frequency
quarterly
Beta
0.12
Market Cap
$1.4B
P/E Ratio
12.5
5-Yr Total Return
401%
52-Week Range
$92.10 – $128.60
Dividend Safety
C · 65/100
Ever Cut?
Yes (2016)
NRP ex-dividend date & scheduleNext ex-date May 19, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.00 / yr per share

Per payment (quarterly)$75.00
Annual$300.00
Monthly avg$25.00