Close

Westmoreland Resource Partners (WMLP) halted with news pending

Go back to Westmoreland Resource Partners (WMLP) halted with news pending

Westmoreland Resource Partners (WMLP) Lowers Quarterly Dividend 33% to $0.1333; Yields 8.8%

October 28, 2016 3:09 PM EDT

Westmoreland Resource Partners (NYSE: WMLP) declared a quarterly dividend of $0.1333 per share, or $0.5332 annualized. This is a 33.4% decrease from the prior dividend of $0.20.

The dividend will be payable on November 14, 2016, to stockholders of record on November 7, 2016, with an ex-dividend date of November 3,... More

Westmoreland Resource Partners (WMLP) Closes Exchange Agreement w/ Westmoreland Coal (WLB); Declares Qtr. Distribution

October 28, 2016 3:07 PM EDT

Westmoreland Resource Partners, LP (NYSE: WMLP) announced the close of a unit exchange agreement with Westmoreland Coal Company and a quarterly distribution reduction. These actions are primarily designed to preserve Westmoreland Resource Partners ability to continue to make cash distributions to public unit holders.... More