Westmoreland Resource Partners (WMLP) Declares $0.20 Quarterly Dividend; 29.1% Yield

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Westmoreland Resource Partners, LP Reports Fourth Quarter 2015 Distribution

January 22, 2016 7:30 AM EST

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Westmoreland Resources GP, LLC, general partner of Westmoreland Resource Partners, LP (NYSE: WMLP) ("WMLP") declared a cash distribution of $0.20 per common unit and warrant with distribution rights for the fourth quarter ended December 31, 2015. Additionally, WMLPs general partner declared a distribution of Series A Convertible units to be issued in lieu of a $0.20 cash distribution in respect of Series A Convertible units. The distributions will be paid on February 12, 2016 to all unitholders and warrant holders of record as of the close of business on February 5, 2016.

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