ARLP dividend yield – ALLIANCE RESOURCE PARTNERS LP Declares 0.7 Cash Dividend

🌥️Dividends Yield

ALLIANCE RESOURCE PARTNERS ($NASDAQ:ARLP) LP declared a 0.7 cash dividend on May 26 2023. This is the latest addition to their yearly dividend payments, with ALLIANCE RESOURCE PARTNERS having issued an annual dividend per share of 1.95 USD, 1.5 USD, and 0.4 USD over the last 3 years, with dividend yields of 9.51%, 7.87%, and 4.62%, respectively. The average dividend yield for this stock is 7.33%. This may make it an attractive option for investors looking into dividend stocks due to the higher yield than what the market average is.

The ex-dividend date is May 5 2023, so those who wish to purchase the stock before the ex-dividend date will be eligible to receive the dividend payout. This dividend payment may be appealing to those who are looking for a steady income stream while investing in equities.

Share Price

The announcement was made on Friday, and following the announcement, ALLIANCE RESOURCE PARTNERS’ stock opened at $18.5 before closing at $18.2, a 1.9% decrease from the previous closing price of $18.6. The ex-dividend date will be August 7th. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for ARLP. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for ARLP. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for ARLP. More…

Key Ratios Snapshot

Some of the financial key ratios for ARLP are shown below. More…

Analysis

GoodWhale recently performed an analysis of ALLIANCE RESOURCE PARTNERS’ financials. Our Star Chart showed that ALLIANCE RESOURCE PARTNERS was strong in dividend, growth, and medium in asset and profitability. This led us to classify ALLIANCE RESOURCE PARTNERS as a ‘cheetah’—a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given its profile, investors who are looking for higher risk and higher return potential may be interested in investing in ALLIANCE RESOURCE PARTNERS. The company has a high health score of 10/10 with regard to its cashflows and debt, indicating that it is capable to safely ride out any crisis without the risk of bankruptcy. More…

Peers

All of these companies are striving to produce the highest quality coal possible while also maintaining a low cost of production. Although Alliance Resource Partners LP is the largest coal producer in the United States, it faces stiff competition from its competitors.

– NACCO Industries Inc ($NYSE:NC)

NACCO Industries, Inc. is a holding company that operates through its subsidiaries. The company’s businesses include mining, retail, and other. Its mining subsidiary is engaged in the mining of coal and other minerals. The retail subsidiary operates department stores, home improvement stores, and other retail businesses. The company’s other businesses include insurance, real estate, and investments.

– PT Prima Andalan Mandiri Tbk ($IDX:MCOL)

In 2022, PT Prima Andalan Mandiri Tbk had a market capitalization of 26.22 trillion rupiah and a return on equity of 69.24 percent. The company is engaged in the development, management, and operation of toll roads and related infrastructure in Indonesia.

– PT Borneo Olah Sarana Sukses Tbk ($IDX:BOSS)

PT Borneo Olah Sarana Sukses Tbk has a market capitalization of 84 billion as of 2022 and a return on equity of 64.91%. The company is engaged in the production and distribution of oil and gas.

Summary

ALLIANCE RESOURCE PARTNERS is a dividend stock with an average yield of 7.33%. Over the past three years, they have issued annual dividends of 1.95 USD, 1.5 USD, and 0.4 USD, respectively, with yields of 9.51%, 7.87%, and 4.62%. This stock could be a strong candidate for dividend investors who are looking for steady income and potential long-term growth. The company’s stability and consistent dividend payments make ALLIANCE RESOURCE PARTNERS an attractive investment option.