Tulsa-based coal company, Alliance Resource Partners, L.P. announced its board of directors approved a 70 cent cash distribution to shareholders for the quarter that ended Dec. 31, 2024.
The annualized rate of $2.80 per unit will be payable on Feb. 14, 2025. The company, considered the largest coal mining operator in the eastern part of the U.S. said the announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended December 31, 2023 and September 30, 2024.
As previously announced, ARLP will report financial results for the 2024 Quarter before the market opens on Monday, February 3, 2025 and Alliance management will discuss these results during a conference call beginning at 9 a.m. central time that same day.