Rhino Resources (RNO) Declares $0.02 Quarterly Dividend; 3.4% Yield
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Rhino Resource Partners LP Announces First Quarter Distribution and Earnings Release Date
April 20, 2015 4:00 PM EDTLexington, KY, April 20, 2015 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (NYSE: RNO) ("Rhino" or the "Partnership") today announced a cash distribution of $0.02 per common unit, or $0.08 per unit on an annualized basis. Â This distribution will be paid on May 15, 2015 to all common unitholders of record as of the close of business on April 30, 2015 and no distribution will be paid on the subordinated units.
Joe Funk, President and Chief Executive Officer of Rhino's general partner, stated, "The distribution reduction is a decision made by the Board of Directors to conserve the... More
