Tulsa-based coal mining company, Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved an increased cash distribution to its unitholders for the quarter ended December 31, 2021.
ARLP unitholders will receive a cash distribution for the 2021 Quarter of $0.25 per unit (an annualized rate of $1.00 per unit), payable on February 14, 2022 to all unitholders of record as of the close of trading on February 7, 2022. The announced distribution represents a 25.0% increase over the cash distribution declared of $0.20 per unit for the quarter ended September 30, 2021.
As previously announced, ARLP will report financial results for the 2021 Quarter before the market opens on Monday, January 31, 2022 and Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day.
