
Alliance Resource Partners, L.P.
ARLPEnergy · Stock · quarterly payer
Forward Yield
9.81%
Annual Dividend
$2.40
Payout Ratio
132%
5-Yr Growth
10.2%
Ex-Date
May 8, 2026
Frequency
Quarterly
Summary
As of July 2026, Alliance Resource Partners, L.P. (ARLP) yields 9.81% ($2.40 per share annually), with a blended fair-value estimate of $57.84 — +137% upside, so it screens as undervalued. Dividend safety grade: D (48/100).
Is ARLP a good dividend stock?
MixedAlliance Resource Partners, L.P. (ARLP) pays a quarterly dividend yielding 9.81% ($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
- 182% total price return over 5 years
Risks
- Cut its dividend in 2025
- Elevated payout ratio (132%)
- Very high yield can signal elevated risk
- Below-average dividend safety score
Key Data
- Dividend Yield
- 9.81%
- Payout Ratio
- 132%
- Annual Dividend
- $2.40
- 5-Yr Avg Growth
- 10.2%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.20
- Market Cap
- $3.1B
- P/E Ratio
- 12.9
- 5-Yr Total Return
- 182%
- 52-Week Range
- $22.20 – $29.45
- Dividend Safety
- D · 48/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
ARLP Price — Last 12 Months
Daily close
Price Return
1 Year
+6%
3 Years
+20%
5 Years
+182%
52-Week Range
$22.20 – $29.45
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ARLP worth?
Undervaluedlow confidenceOur blended fair-value estimate for Alliance Resource Partners, L.P. is $57.84 per share, versus a market price of $24.42. That implies 137% of upside — a margin of safety of about 58%.
Fair Value
$57.84
Current Price
$24.42
Upside
+137%
Margin of Safety
58%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 4.9% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 4.9% stage-1 growth, 2.5% terminal growth, $1.90 EPS, $2.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ARLP Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $0.6000 | regular |
| Feb 6, 2026 | — | $0.6000 | regular |
| Nov 7, 2025 | — | $0.6000 | regular |
| Aug 7, 2025 | — | $0.6000 | regular |
| May 8, 2025 | — | $0.7000 | regular |
| Feb 7, 2025 | — | $0.7000 | regular |
| Nov 7, 2024 | — | $0.7000 | regular |
| Aug 7, 2024 | — | $0.7000 | regular |
| May 7, 2024 | — | $0.7000 | regular |
| Feb 6, 2024 | — | $0.7000 | regular |
| Nov 6, 2023 | — | $0.7000 | regular |
| Aug 4, 2023 | — | $0.7000 | regular |
| May 5, 2023 | — | $0.7000 | regular |
| Feb 6, 2023 | — | $0.7000 | regular |
Income Calculator
At $2.40 / yr per share




