Alliance Resource Partners (ARLP) Raises Quarterly Dividend 4% to $0.52; 10.9% Yield

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Go back to Alliance Resource Partners (ARLP) Raises Quarterly Dividend 4% to $0.52; 10.9% Yield

Alliance Resource Partners, L.P. Increases Second Quarter 2018 Unitholder Distribution to $0.52 Per Unit

July 27, 2018 4:15 PM EDT

TULSA, Okla.--(BUSINESS WIRE)-- Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that the Board of Directors of ARLPs general partner approved an increased cash distribution to its unitholders for the quarter ended June 30, 2018 (the "2018 Quarter").

ARLP unitholders will receive a cash distribution for the 2018 Quarter of $0.52 per unit (an annualized rate of $2.08 per unit), payable on August 14, 2018 to all unitholders of record as of the close of trading on August 7, 2018. The announced distribution represents a 4.0% increase over the cash distribution declared of $0.50 for the quarter ended June 30, 2017 and a 1.0%... More