Westmoreland Resource Partners, LP (NYSE:WMLP) announced a quarterly dividend on Monday, October 30th, Wall Street Journal reports. Investors of record on Tuesday, November 7th will be paid a dividend of 0.1155 per share by the energy company on Tuesday, November 14th. This represents a $0.46 annualized dividend and a dividend yield of 13.67%. The ex-dividend date is Monday, November 6th.
Shares of Westmoreland Resource Partners, (NYSE WMLP) opened at $3.38 on Friday. The company has a debt-to-equity ratio of -7.55, a quick ratio of 1.09 and a current ratio of 1.52. The company has a market cap of $4.34, a P/E ratio of 3.56 and a beta of 0.56.
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About Westmoreland Resource Partners,
Westmoreland Resource Partners, LP, formerly Oxford Resource Partners, LP, is a producer and marketer of thermal coal to the United States utilities and industrial users, and a producer of surface mined coal in Ohio. The Company markets coal to electric utilities with coal-fired, base-load scrubbed power plants under long-term coal sales contracts.
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