Dividend Alert: Westmoreland Resource Partners, LP (NYSE:WMLP) dividends of $0.13 are projected for the near future; this is why.

Dividend Alert: Westmoreland Resource Partners, LP (NYSE:WMLP) dividends of $0.13 are projected for the near future; this is why.

Westmoreland Resource Partners, LP (NYSE:WMLP) is expected to pay $0.13 on Nov 14, 2016. The indicated annual dividend is $0.53. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Westmoreland Resource Partners, LP’s current price of $5.22, the dividend is 2.55%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 31, 2016. About 200 shares traded hands. Westmoreland Resource Partners LP (NYSE:WMLP) has risen 0.58% since March 31, 2016 and is uptrending. It has underperformed by 1.94% the S&P500.

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 has a market cap of $29.21 million. The Firm markets coal to electric utilities with coal-fired, base-load scrubbed power plants under long-term coal sales contracts. It currently has negative earnings. The Company’s reserves and activities serve its market area of the Midwest, Northeast and Rocky Mountain regions of the United States.

More notable recent Westmoreland Resource Partners LP (NYSE:WMLP) news were published by: Globenewswire.com which released: “Westmoreland Resource Partners Announces Unit Exchange Transaction and …” on October 28, 2016, also Globenewswire.com with their article: “Westmoreland Resource Partners, LP Reports Second Quarter 2016 Distribution” published on July 28, 2016, Quotes.Wsj.com published: “DOW JONES, A NEWS CORP COMPANY” on January 02, 2015. More interesting news about Westmoreland Resource Partners LP (NYSE:WMLP) were released by: Globenewswire.com and their article: “Westmoreland Resource Partners Wins 2016 Active Mine Reclamation Award …” published on October 04, 2016 as well as Bizjournals.com‘s news article titled: “Columbus coal company acquired for $30M amid financial struggles” with publication date: January 02, 2015.

WMLP Company Profile

Westmoreland Resource Partners, LP, formerly Oxford Resource Partners, LP, incorporated on August 7, 2007, 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 Firm markets coal to electric utilities with coal-fired, base-load scrubbed power plants under long-term coal sales contracts. The Company’s reserves and activities serve its market area of the Midwest, Northeast and Rocky Mountain regions of the United States. The Firm operates approximately 20 active surface mines and manages these mines as mining complexes located in eastern Ohio and Wyoming. The Company’s Ohio mining facilities include approximately two preparation plants, both of which receive, wash, blend, process and ship coal produced from its mines. The Company’s operating subsidiaries include Oxford Mining Company, LLC, Oxford Mining Company-Kentucky, LLC, Westmoreland Kemmerer, LLC, Westmoreland Kemmerer Fee Coal Holdings, LLC and Harrison Resources, LLC.

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