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The Company engage principally in the business of owning and managing coal properties in the three major coal-producing regions of the United States: Appalachia, the Illinois Basin and the Western United States.
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wantafanta (59.32) Submitted: 10/05/08 3:48 PM : Start Price: $21.00 NRP Score: -11.51
Currently being blown out by the massive sell off in commodities and energy. This company is great b/c they have consistently increased dividends every quarter since about 2003. They own tons of land with coal and simply lease the land to mining companies in exchange for royalties. This allows the company to pay its current dividend yield of 9.25% with ease. Once energy comes back this should hit $32-35 very quickly.
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