Tim Plaehn
Newsletter provider, dividend investing, master limited partnerships, REITs

6% Yield And Dividend Growth Should Make Alliance Resource Partners A Total Return Champ

I use a basic rule of thumb for the pass-through type dividend stocks: Over time, the share price should increase at a rate similar to the distribution growth rate. Coal producer Alliance Resource Partners LP (NASDAQ:ARLP) has put up a convincing record that forecasts a continued future of mid-teens total annual returns for years to come.

Note: MLP companies such as Alliance Resource Partners have units and pay distributions. The words stock, shares and dividends may be used here with the understanding that the rules of MLP units apply including the tax consequences of investing in MLP units.

Business Overview

Alliance Resource Partners owns and runs coal mining operations in five states divided into three operating regions:...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details