Arch Resources reinstates dividend
he quarterly cash dividend payment – which the board is initiating at $0.25 per share, or a total cash outlay of $3.8 million – will commence in the fourth quarter and will be paid on December 15, 2021 to stockholders of record on November 30, 2021. The company's dividend policy into 2022 is subject to board review, and future authorizations will be based on a number of factors, including but not limited to prevailing market conditions, the company's financial performance and liquidity profile, and other capital priorities, including debt and other liability reductions.