SOURCE: Walter Energy

Walter Energy

April 22, 2010 17:08 ET

Walter Energy's Board Announces 25 Percent Quarterly Dividend Increase

TAMPA, FL--(Marketwire - April 22, 2010) - Walter Energy (NYSE: WLT), a leading U.S. producer and exporter of premium hard coking coal for the global steel industry, announced today that its Board of Directors has declared a regular quarterly dividend of $0.125 per common share, payable on June 4, 2010 to shareholders of record at the close of business on May 7, 2010.

About Walter Energy
Walter Energy is a leading U.S. producer and exporter of premium hard coking coal for the global steel industry and also produces steam coal and industrial coal, metallurgical coke and coal bed methane gas. The Company has revenues of approximately $1.0 billion and employs approximately 2,100 people. For more information about Walter Energy, please visit the Company Web site at www.walterenergy.com.

WLT