Tulsa-based coal mining company, Alliance Resource Partners, L.P. announced a cash distribution to its unitholders.
The Board of Directors okayed the 70 cent dividend for the quarter ended December 31, 2023.
ARLP unitholders of record as of the close of trading on February 7, 2024 will receive a cash distribution for the 2023 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on February 14, 2024. The announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended December 31, 2022 and September 30, 2023.