Alliance Resource Partners, L.P. headquartered in Tulsa has declared a 52-cent cash distribution for shareholders.
The Board of Directors of the firm’s general partner signed off on the increased distribution to its unitholders for the quarter ended June 30, 2018.
It figures to be an annualized rate of $2.08 per unit and will be payable on Aug. 14 to all unitholders of record as of the close of trading on Aug. 7, 2018. The new distribution represents a 4% increase over the distribution announced a year earlier.
It is also a 1% increase over the first quarter of 2018.
