ARLP announced today that the Board of Directors of its general
partner has decreased the quarterly cash distribution to unitholders for
the 2019 Quarter to $0.40 per unit (an annualized rate of $1.60 per
unit), payable on February 14, 2020 to all unitholders of record as of
the close of trading on February 7, 2020. The announced distribution
compares to quarterly unitholder distributions of $0.53 per unit
declared for the 2018 Quarter and $0.54 per unit declared for the
quarter ended September 30, 2019 (the "Sequential Quarter").
This company continues to disappoint :(
This company continues to disappoint :(
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