StockNews.com upgraded shares of Alliance Resource Partners (NASDAQ:ARLP – Free Report) from a buy rating to a strong-buy rating in a research report sent to investors on Saturday morning. Separately, Benchmark reiterated a buy rating and set a $28.00 price target on shares of Alliance Resource Partners in a report on Monday, October 30th. Check […]
One worker was killed and another was trapped under rubble Thursday morning after a unused, 11-story coal tipple collapsed while it was being dismantled
Searching for yield in today's stock market can be challenging — the current average dividend yield of S&P 500 companies is 1.5%. But for those who are willing to look beyond the most popular tickers, companies with much bigger payouts exist. Case in point: Alliance Resource Partners (NASDAQ:ARLP) is a diversified producer and marketer of steam coal to major U.S. utilities and industrial users. It pays quarterly distributions of 70 cents per share, translating to an annual yield of 13.7%. Allian