ST. LOUIS, Oct 23, 2009 -- The board of directors of Arch Coal, Inc. (NYSE: ACI) declared a quarterly dividend of $0.09 per share on the company's common stock. The dividend is payable December 15, 2009 to shareholders of record on December 1, 2009.
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.