SEC Filing Summary: Natural Resource Partners L.P. (8-K)
Business Context and Reporting Period
This Form 8-K was filed by Natural Resource Partners L.P. on January 22, 2004, reporting events occurring on January 21, 2004. The filing primarily addresses a corporate action regarding the company's quarterly distribution to unitholders.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial data disclosed relates to the distribution policy:
- Quarterly Distribution Increase: $0.025 per unit.
- New Quarterly Distribution: $0.5625 per unit.
- Annualized Distribution: $2.25 per unit.
- Payment Date: February 13, 2004.
- Record Date: February 2, 2004.
Material Changes
The material change reported is the increase in the quarterly distribution rate. The filing text does not provide comparative financial data against prior periods to quantify changes in revenue, earnings, or operational metrics.
Outlook, Risks, and Management Commentary
Management announced the distribution increase via a press release (Exhibit 99.1). The filing does not contain specific forward-looking guidance, risk factors, contingencies, or commentary on unusual items beyond the distribution announcement.
Investor Verification Checklist
- Verify the record date of February 2, 2004, to confirm eligibility for the increased distribution.
- Confirm the payment date of February 13, 2004, for cash flow planning.
- Review the attached press release (Exhibit 99.1) for the rationale behind the distribution increase.
- Note that this filing does not contain updated financial performance data; refer to the most recent 10-K or 10-Q for operational metrics.