HOUSTON, April 19, 2012 /PRNewswire/ -- Natural Resource Partners L.P. (NYSE:NRP) announced today that the Board of Directors of its general partner has declared a first quarter 2012 distribution of $0.55 per unit for NRP. The distribution will be paid on May 14, 2012 to unitholders of record on May 4, 2012.
Natural Resource Partners L.P. is a master limited partnership headquartered in Houston, TX, with its operations headquarters in Huntington, WV. NRP is principally engaged in the business of owning and managing mineral reserve properties. NRP primarily owns coal, aggregate and oil and gas reserves across the United States that generate royalty income for the partnership.
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.