Westmoreland Resource Partners LP(WMLP) Declares Dividend of $0.1333.

Westmoreland Resource Partners LP (WMLP) had declared a cash dividend of $0.1333 on Jan 27, 2017. The shares will quote ex-dividend on Feb 3, 2017 and the record date has been fixed for Feb 7, 2017. Based on Feb 3, 2017 share price, the yield comes out to be 9.62%. The dividend payable date has been fixed on Feb 14, 2017.

Westmoreland Resource Partners LP (WMLP) made into the market gainers list on Tuesdays trading session with the shares advancing 0.48% or 0.025 points. Due to strong positive momentum, the stock ended at $5.2, which is also near the day’s high of $5.2. The stock began the session at $5.2 and the volume stood at 1,341 shares. The 52-week high of the shares is $6.9 and the 52 week low is $3.5524. The company has a current market capitalization of $6.3 M and it has 12,21,060 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Nov 25, 2016, Keith D Horton (director) purchased 1,500 shares at $5.97 per share price.Also, On Sep 21, 2016, Robert T Clutterbuck (director) sold 1,601 shares at $5.28 per share price.On Aug 11, 2016, Gerald A Tywoniuk (director) sold 1,500 shares at $5.45 per share price, according to the Form-4 filing with the securities and exchange commission.

Westmoreland Resource Partners LP formerly Oxford Resource Partners LP is a producer and marketer of high-value 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. The Company has four operating subsidiaries: Oxford Mining Company LLC (Oxford Mining) Oxford Mining Company-Kentucky LLC (Oxford Mining Kentucky) Westmoreland Kemmerer Fee Coal Holdings LLC (WKFCH) and Harrison Resources LLC (Harrison Resources). The Company operates six surface mining complexes in Northern Appalachia all of which are located in eastern Ohio. The Company’s Northern Appalachia mining complexes are Cadiz Mining Complex Tuscarawas Mining Complex Belmont Mining Complex New Lexington Mining Complex and Noble Mining Complex.

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