NATURAL RESOURCE PARTNERS DOUBLE BOTTOM

NRP has a lot to offer investors. The company leases properties to coal miners and with recent decline in the coal mining industry NRP has declined with them. The most recent decline can be traced to a fall in dividends. Dividends is one of the attractive aspects of this trade. The current dividend is .35 quarterly with an annual return over 8% at the current stock price. Along with getting a nice return for your investment, stock price is at the bottom of a potential double bottom on the monthly chart. And looking at the daily, we have an IHS taking shape. Now may be the time to consider NRP.