Alliance Resource Partners, L.P. (ARLP), Peabody Energy Corporation (BTU), Alpha Natural Resources, Inc. (ANR): Another Record Quarter for This Spectacular Coal MLP

I began accumulating shares of this wonderfully managed MLP last year, and due to reinvestment of those fat distributions, my cost basis is down to $55 per unit. That means that with the recent distribution increase, my yield on cost is over 8% (and will only grow in the future).

Investors who understand the time-tested portfolio strategy of buy and hold, dividend reinvestment should seriously consider adding the best coal company in America to their portfolios.

The article Another Record Quarter for This Spectacular Coal MLP originally appeared on Fool.com.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.