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| Rhino Resource Partners LP (RNO) Will Trade Ex-Div on 8/2/11By Dividend Channel Staff, Friday, July 29, 10:23 AM ET
On 8/2/11, Rhino Resource Partners LP (NYSE:RNO) will trade ex-dividend, for its quarterly dividend of $0.455, payable on 8/12/11. As a percentage of RNO's recent stock price of $24.66, this dividend works out to approximately 1.85%. Below is a dividend history chart for RNO, showing historical dividends prior to the most recent $0.455 declared by Rhino Resource Partners LP:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RNO is likely to continue, and whether the current estimated yield of 7.38% on annualized basis is a reasonable expectation of annual yield going forward.
RNO operates in the Metals & Mining sector, among companies like Patriot Coal Corp (NYSE:PCX) which is off about 2.5% today, and Penn Virginia Resource Partners, L.P. (NYSE:PVR) trading higher by about 0.1%. Below is a three month price history chart comparing the stock performance of RNO, versus PCX and PVR.
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