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Natural Resource Partners L.P. Declares Fourth Quarter 2024 Distribution

1. NRP declares a Q4 2024 distribution of $0.75 per unit. 2. Distribution payment is scheduled for February 25, 2025. 3. Future distributions depend on profitability and cash flow conditions. 4. 100% of distributions to non-U.S. investors taxed as U.S. income. 5. NRP's portfolio includes coal, minerals, and renewable energy assets.

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FAQ

Why Bullish?

The planned distribution indicates stable cash flows and financial health. Similar announcements in the past have positively influenced NRP's stock price.

How important is it?

Dividend declarations are crucial for MLPs like NRP, impacting investor sentiment. The clarity on future distributions suggests positive financial management.

Why Short Term?

The upcoming distribution payment will likely affect NRP's stock price quickly. Past behaviors show immediate market reactions to distribution announcements.

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NRPSicakam Wyoming LLC
HOUSTON--(BUSINESS WIRE)--Natural Resource Partners L.P. (NYSE: NRP) today announced that the board of directors of its general partner declared a fourth quarter 2024 distribution of $0.75 per common unit for NRP. The distribution will be paid on February 25, 2025 to unitholders of record on February 18, 2025. Future distributions on NRP's common units will be determined on a quarterly basis by the board of directors. The board of directors considers numerous factors each quarter in determining cash distributions including profitability, cash flow, debt service obligations, market conditions and outlook, estimated unitholder income tax liability, and the level of cash reserves that the board determines is necessary for future operating and capital needs. Company Profile Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a diversified natural resource company that owns, manages and leases a diversified portfolio of properties in the United States including coal, industrial minerals and other natural resources, as well as rights to conduct carbon sequestration and renewable energy activities. NRP also owns an equity investment in Sisecam Wyoming LLC, one of the world’s lowest-cost producers of soda ash. Withholding Information for Foreign Investors Concurrent with this announcement, we are providing qualified notice to brokers and nominees that hold NRP units on behalf of non-U.S. investors under Treasury Regulation Section 1.1446-4(b) and (d) and Treasury Regulation Section 1.1446(f)-4(c)(2)(iii). Brokers and nominees should treat one hundred percent (100%) of NRP's distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. In addition, brokers and nominees should treat one hundred percent (100%) of the distribution as being in excess of cumulative net income for purposes of determining the amount to withhold. Accordingly, NRP's distributions to non-U.S. investors are subject to federal income tax withholding at a rate equal to the sum of the highest applicable rate plus ten percent (10%). For additional information please contact Tiffany Sammis at 713-751-7515 or tsammis@nrplp.com. Further information about NRP is available on the partnership’s website at http://www.nrplp.com.

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