Important Note: ARLP announced an increase in the cash distribution for 1Q12 to $1.025 per unit (annualized rate of $4.10 per unit), payable on May 15, 2012 to unitholders of record at the close of trading on May 8, 2012. This distribution represents a 3.5% increase over the $0.99 cash distribution that was paid to unitholders in 4Q11.
ARLP has substantial distirbution coverage to allow growth in the distribution despite slightly missing estimates. A new mine in the Illinois Basin just put online should make up any shortfall over the course of the year.
ARLP has performed well in a slightly stressed coal market which should firm up during the course of the year.
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payable on May 15, 2012 to unitholders of record at the close of trading on May 8, 2012. This distribution represents a
3.5% increase over the $0.99 cash distribution that was paid to unitholders in 4Q11.
ARLP has substantial distirbution coverage to allow growth in the distribution despite slightly missing estimates. A new mine in the Illinois Basin just put online should make up any shortfall over the course of the year.
ARLP has performed well in a slightly stressed coal market which should firm up during the course of the year.