SmarterDividends
ARLP

Alliance Resource Partners, L.P.

ARLP

Energy · Thermal Coal · Stock · quarterly payer

$26.40

Undervalued · +76% Add to Portfolio

Forward Yield

9.18%

Annual Dividend

$2.40

Payout Ratio

117%

5-Yr Growth

10.2%

Ex-Date

Nov 6, 2026

Frequency

Quarterly

Key facts about ARLP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Alliance Resource Partners, L.P. (ARLP) has a forward dividend yield of 9.18%, based on an annual dividend of $2.40 per share and a share price of $26.40.
  • As of Oct 27, 2026, ARLP's dividend safety grade from SmarterDividends is D (46 out of 100), which rates the dividend as unsafe.
  • ARLP last cut its regular dividend in 2025.
  • ARLP's next ex-dividend date is Nov 6, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 27, 2026, ARLP pays out 117% of its trailing 12-month earnings as dividends (its payout ratio).
  • ARLP's dividend has grown at an average rate of 10.2% a year over the past five years.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for ARLP is $46.35 per share, 76% above the $26.40 share price, so ARLP screens as undervalued.
  • Alliance Resource Partners, L.P. (ARLP) pays its dividend quarterly, 4 times a year.
  • Alliance Resource Partners, L.P. (ARLP) has raised its regular dividend 57 times and cut it 4 times across the 104 payments on record since 1999. Its most recent change was a 14.3% cut to $0.600 per share, going ex-dividend on Aug 7, 2025.
Cite this page

SmarterDividends, "ARLP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/ARLP

Summary

As of Oct 27, 2026, Alliance Resource Partners, L.P. (ARLP) yields 9.18% ($2.40 a year per share) and has a dividend safety grade of D (46/100).

Is ARLP a good dividend stock?

Mixed

Alliance Resource Partners, L.P. (ARLP) pays a quarterly dividend yielding 9.18% ($2.40/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 10.2% 5-yr dividend growth
  • 156% total price return over 5 years

Risks

  • Cut its dividend in 2025
  • Elevated payout ratio (117%)
  • Very high yield can signal elevated risk
  • Below-average dividend safety score

Key Data

Dividend Yield
9.18%
Payout Ratio
117%
Annual Dividend
$2.40
5-Yr Avg Growth
10.2%
Ex-Dividend Date
Nov 6, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.30
Market Cap
$3.4B
P/E Ratio
12.9
5-Yr Total Return
156%
52-Week Range
$23.01 – $29.45
Dividend Safety
D · 46/100
Ever Cut?
Yes (2025)

ARLP dividend raises and cuts

Alliance Resource Partners, L.P. (ARLP) has raised its regular dividend 57 times and cut it 4 times across the 104 payments on record since 1999. Its most recent change was a 14.3% cut to $0.600 per share, going ex-dividend on Aug 7, 2025.

Ex-dateChangeOld → newMove
Aug 7, 2025Cut$0.700 → $0.600−14.3%
Feb 6, 2023Raise$0.500 → $0.700+40.0%
Nov 4, 2022Raise$0.400 → $0.500+25.0%
Aug 4, 2022Raise$0.350 → $0.400+14.3%
May 5, 2022Raise$0.250 → $0.350+40.0%
Feb 4, 2022Raise$0.200 → $0.250+25.0%
Nov 4, 2021Raise$0.100 → $0.200+100.0%
May 6, 2021Cut$0.400 → $0.100−75.0%
Feb 6, 2020Cut$0.540 → $0.400−25.9%
Aug 6, 2019Raise$0.535 → $0.540+0.9%
May 7, 2019Raise$0.530 → $0.535+0.9%
Feb 6, 2019Raise$0.525 → $0.530+1.0%
Show all 61 changes since 2000
Ex-dateChangeOld → newMove
Nov 6, 2018Raise$0.520 → $0.525+1.0%
Aug 6, 2018Raise$0.515 → $0.520+1.0%
May 7, 2018Raise$0.510 → $0.515+1.0%
Feb 6, 2018Raise$0.505 → $0.510+1.0%
Nov 6, 2017Raise$0.500 → $0.505+1.0%
Aug 3, 2017Raise$0.438 → $0.500+14.2%
May 4, 2016Cut$0.675 → $0.438−35.1%
Aug 5, 2015Raise$0.663 → $0.675+1.8%
May 6, 2015Raise$0.650 → $0.663+2.0%
Feb 4, 2015Raise$0.638 → $0.650+1.9%
Nov 5, 2014Raise$0.625 → $0.638+2.1%
Aug 5, 2014Raise$0.612 → $0.625+2.2%
May 6, 2014Raise$0.599 → $0.612+2.1%
Feb 5, 2014Raise$0.588 → $0.599+2.0%
Nov 5, 2013Raise$0.577 → $0.588+1.9%
Aug 5, 2013Raise$0.565 → $0.577+2.0%
May 6, 2013Raise$0.554 → $0.565+2.1%
Feb 5, 2013Raise$0.543 → $0.554+2.0%
Nov 5, 2012Raise$0.532 → $0.543+2.1%
Aug 3, 2012Raise$0.513 → $0.532+3.7%
May 4, 2012Raise$0.495 → $0.513+3.5%
Feb 3, 2012Raise$0.478 → $0.495+3.7%
Nov 3, 2011Raise$0.462 → $0.478+3.5%
Aug 3, 2011Raise$0.445 → $0.462+3.7%
May 4, 2011Raise$0.430 → $0.445+3.5%
Feb 3, 2011Raise$0.415 → $0.430+3.6%
Nov 3, 2010Raise$0.405 → $0.415+2.5%
Aug 4, 2010Raise$0.395 → $0.405+2.5%
May 5, 2010Raise$0.388 → $0.395+1.9%
Feb 3, 2010Raise$0.380 → $0.388+2.0%
Nov 4, 2009Raise$0.373 → $0.380+2.0%
Aug 5, 2009Raise$0.365 → $0.373+2.1%
May 6, 2009Raise$0.358 → $0.365+2.1%
Feb 4, 2009Raise$0.350 → $0.358+2.1%
Nov 5, 2008Raise$0.330 → $0.350+6.1%
Aug 5, 2008Raise$0.293 → $0.330+12.8%
Feb 5, 2008Raise$0.280 → $0.293+4.5%
Aug 3, 2007Raise$0.270 → $0.280+3.7%
Feb 5, 2007Raise$0.250 → $0.270+8.0%
Aug 3, 2006Raise$0.230 → $0.250+8.7%
Feb 2, 2006Raise$0.207 → $0.230+11.4%
Nov 2, 2005Raise$0.206 → $0.207+0.1%
Aug 3, 2005Raise$0.188 → $0.206+10.0%
Feb 3, 2005Raise$0.163 → $0.188+15.4%
Jul 29, 2004Raise$0.156 → $0.163+4.0%
Apr 29, 2004Raise$0.141 → $0.156+11.0%
Feb 3, 2004Raise$0.131 → $0.141+7.2%
Jan 30, 2003Raise$0.125 → $0.131+5.0%
Feb 3, 2000Raise$0.0575 → $0.125+117.4%
Every ARLP payment →Download every raise and cut (CSV)
ARLP ex-dividend date & scheduleNext ex-date Nov 6, 2026 · full ex-dividend historyView →ARLP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is ARLP a good dividend stock?

Mixed. Alliance Resource Partners, L.P. (ARLP) pays a quarterly dividend yielding 9.18% ($2.40/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is ARLP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ARLP's fair value is about $46.35 versus a $26.40 share price — so it looks undervalued (+76% vs. fair value).

Is ARLP's dividend safe?

ARLP has a dividend-safety grade of D (46/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is ARLP's fair value?

Our blended fair-value estimate for ARLP is about $46.35 per share, roughly 76% above the current $26.40 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is ARLP a buy, hold, or sell?

We don't issue formal ratings, but on the data ARLP screens as "mixed" and undervalued. Alliance Resource Partners, L.P. (ARLP) pays a quarterly dividend yielding 9.18% ($2.40/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will ARLP cut its dividend?

ARLP earns a dividend-safety grade of D (46/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does ARLP pay a dividend?

Yes. Alliance Resource Partners, L.P. pays a quarterly dividend of about $2.40 per share annually, a forward yield of roughly 9.18%.

What is ARLP's dividend yield?

As of Oct 27, 2026, ARLP's forward dividend yield is 9.18%, based on a $2.40 annual dividend and a $26.40 share price.

What is ARLP's dividend per share?

As of Oct 27, 2026, ARLP pays $2.40 per share per year, distributed on a quarterly basis.

What is ARLP's dividend payout ratio?

As of Oct 27, 2026, ARLP's payout ratio is 117% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has ARLP grown its dividend?

ARLP does not currently have a long dividend-growth streak on record.

When is the next ARLP ex-dividend date?

As of Oct 27, 2026, the next ex-dividend date on record for ARLP is Nov 6, 2026.

Income Calculator

At $2.40 / yr per share

Per payment (quarterly)$60.00
Annual$240.00
Monthly avg$20.00

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