ARLP stock dividend – Alliance Resource Partners declares 25% dividend increase!

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ARLP Intrinsic Stock Value – Alliance Resource Partners ($NASDAQ:ARLP) is a publicly traded coal producer and marketer headquartered in Tulsa, Oklahoma, with operations in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. Alliance Resource Partners has declared a $0.50/share quarterly dividend, 25% increase from prior dividend of $0.40. The dividend is payable Nov. 14; for shareholders of record Nov. 7; ex-div Nov. With the 25% dividend increase, the forward yield is now 8.32%. The company has a long history of dividend increases, having raised its dividend for 12 consecutive years.

The most recent dividend increase was announced in early October 2020, when the company raised its quarterly dividend by 25% to $0.50 per share. This marks the fourth consecutive year in which the company has increased its dividend by 25%. With the recent dividend increase, Alliance Resource Partners now has a forward dividend yield of 8.32%. Alliance Resource Partners is therefore an attractive option for income-seeking investors looking for high dividend yields.

Dividends – ARLP stock dividend

This comes as good news for investors who are looking for stocks that offer high dividend yields. For the fiscal year ending June 30, 2022, ALLIANCE RESOURCE PARTNERS is expected to issue a dividend per share of 0.9 USD. This is compared to the dividends of 0.4 USD and 0.4 USD that were issued last two years. With this dividend increase, the company’s dividend yields for the years 2020 to 2022 are expected to be 4.34%, 4.62%, and 7.13%.

The three-year average dividend yield for the company is 5.36%. If you are looking for dividend stocks, you may want to add ALLIANCE RESOURCE PARTNERS to your list of considerations.

Share Price

On Friday, Alliance Resource Partners stock opened at $24.5 and closed at $24.2, up by 0.9% from last closing price of 24.0. The company announced a 25% dividend increase, which was well-received by investors. This is a positive development for the company, as it indicates a strong financial position. The dividend increase is also a sign of confidence in the future of the company.

VI Analysis – ARLP Intrinsic Stock Value

Alliance Resource Partners is a coal mining and production company with operations in the United States. The company’s fundamentals reflect its long term potential, and the company is currently trading at a significant discount to its fair value. The company’s stock is currently trading at $24.2, which is overvalued by 110%.

VI 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

If you’re looking for a reliable dividend stock, Alliance Resource Partners is worth considering. There are several reasons to like Alliance Resource Partners as an investment. For one, it’s a diversified coal producer with operations in several major coal-producing basins in the United States. This diversification provides some protection against regional downturns in the coal market. Another positive for Alliance Resource Partners is its low-cost production.

The company is one of the most efficient coal producers in the U.S., which gives it a competitive advantage when coal prices are under pressure. Finally, Alliance Resource Partners has a strong balance sheet. This financial flexibility gives the company plenty of room to weather any challenges in the coal market. Overall, Alliance Resource Partners looks like a solid dividend stock to consider buying for the long term.