Alliance Resource Partners, L.P. Reports Quarterly Financial and Operating Results; Declares Quarterly Cash Distribution of $0.4375 Per Unit; Affirms Guidance

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Go back to Alliance Resource Partners, L.P. Reports Quarterly Financial and Operating Results; Declares Quarterly Cash Distribution of $0.4375 Per Unit; Affirms Guidance

Alliance Resource Partners (ARLP) Lowers Quarterly Dividend 35.2% to $0.4375; 11.9% Yield

April 26, 2016 7:16 AM EDT

Alliance Resource Partners (NASDAQ: ARLP) declared a quarterly dividend of $0.4375 per share, or $1.75 annualized. This is a 35.2% decrease from the prior dividend of $0.675.

The dividend will be payable on May 13, 2016, to stockholders of record on May 6, 2016, with an ex-dividend date of May 4,... More