Alliance Resource Partners (ARLP) Raises Quarterly Dividend 1% to $0.525; 10.7% Yield

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Go back to Alliance Resource Partners (ARLP) Raises Quarterly Dividend 1% to $0.525; 10.7% Yield

Alliance Resource Partners, L.P. Increases Third Quarter 2018 Unitholder Distribution to $0.525 Per Unit

October 26, 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 September 30, 2018 (the "2018 Quarter").

ARLP unitholders will receive a cash distribution for the 2018 Quarter of $0.525 per unit (an annualized rate of $2.10 per unit), payable on November 14, 2018 to all unitholders of record as of the close of trading on November 7, 2018. The announced distribution represents a 4.0% increase over the cash distribution declared of $0.505 for the quarter ended September 30, 2017 and a 1.0%... More