Thursday, September 25, 2014

ARLP 5.6 percent yield and a call for more income

It is always funny that I jump on the computer during a down market to find income.   Alliance Resource Partners, symbol ARLP is one such opportunity.  

ARLP Slpit June 17, 2014 2 for 1.   Dividend fundamentals are:
$4.14 E $2.50 D 5.62% yield with a 5 year dividend growth rate of 13.36/yr. D/E .84.

Covered call today is worth a consideration.