Wednesday, April 27, 2022

Dividend increase #23 of 2022 : Alliance Resource Partners LP

Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that the Board of Directors of ARLP’s general partner approved an increased cash distribution to its unitholders for the quarter ended March 31, 2022 (the "2022 Quarter").

ARLP unitholders will receive a cash distribution for the 2022 Quarter of $0.35 per unit (an annualized rate of $1.40 per unit), payable on May 13, 2022, to all unitholders of record as of the close of trading on May 6, 2022. The announced distribution represents a 250.0% increase over the cash distribution of $0.10 per unit for the quarter ended March 31, 2021 (the "2021 Quarter") and a 40.0% increase over the cash distribution of $0.25 per unit for the quarter ended December 31, 2021.


 

 

No comments:

Post a Comment