Natural Resource Partners (NRP) Dividend Coverage Ratio (2009 - 2026)
Natural Resource Partners' Dividend Coverage Ratio was 2.43 in Q2 2026, down 27.0% from 3.33 a year earlier but up 48.8% from the prior quarter.
Natural Resource Partners (NRP) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Natural Resource Partners' Dividend Coverage Ratio was 2.52 through Jun 30, 2026, up 2.1% year-over-year; for FY2025, it was 2.42, up 22.5% from FY2024.
- In earlier years, Dividend Coverage Ratio was 1.97 in FY2024 (-9.7%), 2.18 in FY2023 (-40.8%), 3.69 in FY2022 (+82.4%) and 2.02 in FY2021.
- Quarterly Dividend Coverage Ratio has moved between 1.15 (Q1 2023) and 5.32 (Q4 2023) over five years.
- Compared with a year earlier, Dividend Coverage Ratio was higher in four of the last eight quarters, with an average year-over-year change of 0.0%.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q2 2022 (growth of 333.0%); the worst was Q1 2023 (a decline of 73.1%).
- Per Business Quant data, NRP's Dividend Coverage Ratio in the three quarters before Q2 2026 was 1.63 (Q1 2026), 3.08 (Q4 2025) and 3.07 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 5.00 |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 3.45 |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 2.60 |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 3.84 |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 7.57 |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 5.29 |
| 10 | Natural Resource Partners | 1.44 Bn | 1.32 Bn | 47.24 Mn | 2.43 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.43 |
| Mar 31, 2026 | 1.63 |
| Dec 31, 2025 | 3.08 |
| Sep 30, 2025 | 3.07 |
| Jun 30, 2025 | 3.33 |
| Mar 31, 2025 | 1.50 |
| Dec 31, 2024 | 4.28 |
| Sep 30, 2024 | 2.34 |
| Jun 30, 2024 | 2.45 |
| Mar 31, 2024 | 1.22 |
| Dec 31, 2023 | 5.32 |
| Sep 30, 2023 | 3.11 |
| Jun 30, 2023 | 2.21 |
| Mar 31, 2023 | 1.15 |
| Dec 31, 2022 | 3.26 |
| Sep 30, 2022 | 3.93 |
| Jun 30, 2022 | 3.42 |
| Mar 31, 2022 | 4.28 |
| Dec 31, 2021 | 4.93 |
| Sep 30, 2021 | 2.25 |
Natural Resource Partners Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();