Alliance Resource Partners (ARLP) Raises Quarterly Dividend 25% to $0.50; 8.3% Yield
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Alliance Resource Partners, L.P. Increases Quarterly Distribution to $0.50 Per Unit
October 28, 2022 7:00 AM EDTTULSA, 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, 2022 (the "2022 Quarter").
ARLP unitholders will receive a cash distribution for the 2022 Quarter of $0.50 per unit (an annualized rate of $2.00 per unit), payable on November 14, 2022 to all unitholders of record as of the close of trading on November 7, 2022. The announced distribution represents a 150.0% increase over the cash distribution of $0.20 per unit for the quarter ended September 30, 2021... More
