Westmoreland Declares Dividend on Preferred Stock
Westmoreland Coal Company (NasdaqGM:WLB) today announced that its Board
of Directors has declared a dividend of $.53125 per depositary share
payable on April ?1, 2012 to holders of record as of March ?21, 2012. Each
depositary share represents one-quarter of a share of the Company′s
Series A Convertible Exchangeable Preferred Stock.
About Westmoreland Coal Company
Westmoreland Coal Company is the oldest independent coal company in the
United States. The Company′s coal operations include coal mining in the
Powder River Basin in Montana, sub-bituminous mining in Wyoming, and
lignite mining operations in Montana, North Dakota and Texas. Its power
operations include ownership of the two-unit ROVA coal-fired power plant
in North Carolina. For more information, visit www.westmoreland.com.
Westmoreland Coal Company
Kevin Paprzycki, 855-922-6463