Is the ARLP dividend tax free? Thanks.
No, it's tax-deferred.
But if you die with an MLP in your portfolio the deferred winnings escape the tax collector altogether (except for estate taxes) under PRESENT laws.
It's not a dividend as it's not tax free. Don't invest without learning a lot more about it.
Crudely; It is a distribution from a limited partnership. You get a K-1 form each year. It adds more paperwork in doing taxes. part is taxable that year and the other is tax deferred until you sell the "units".