HOUSTON, July 21, 2016 /PRNewswire/ -- Natural Resource Partners L.P. (NYSE: NRP) reported today the Board of Directors of its general partner declared a second quarter 2016 distribution of $0.45 per unit for NRP. The distribution will be paid on August 12, 2016 to unitholders of record on August 5, 2016.
Natural Resource Partners L.P. is a master limited partnership headquartered in Houston, TX. NRP is a diversified natural resource company that owns interests in coal, aggregates, industrial minerals and oil and gas across the United States. A large percentage of NRP's revenues are generated from royalties and other passive income. In addition, NRP owns an equity investment in Ciner Wyoming, a trona/soda ash operation, owns VantaCore, one of the top 25 aggregates producers in the United States and owns non-operated working interests in oil and gas properties.
Withholding Information for Foreign Investors
This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of NRP's distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, NRP's distributions to foreign investors are subject to federal income tax withholding at the highest applicable rate.
SOURCE Natural Resource Partners L.P.