In the news release, Arch Coal Announces Quarterly Dividend, issued 21-Oct-2010 by Arch Coal, Inc. over PR Newswire, we are advised by the company that the first paragraph, second sentence, should read "The dividend is payable December 15, 2010 to shareholders of record on December 1, 2010" rather than "The dividend is payable November 15, 2010 to shareholders of record on November 1, 2010" as originally issued inadvertently. The complete, corrected release follows:Arch Coal Announces Quarterly Dividend
ST. LOUIS, Oct. 21 /PRNewswire-FirstCall/ -- The board of directors of Arch Coal, Inc. (NYSE: ACI) today declared a quarterly cash dividend of $0.10 per share on the company's common stock. The dividend is payable December 15, 2010 to shareholders of record on December 1, 2010.
St. Louis-based Arch Coal is the second largest U.S. coal producer. Through its national network of mines, Arch supplies cleaner-burning, low-sulfur coal to fuel roughly 8 percent of the nation's electricity. The company also ships coal to domestic and international steel manufacturers as well as international power producers.
SOURCE Arch Coal, Inc.