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Alliance Holdings (AHGP) Tops Q3 EPS by 8c

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Alliance Holdings GP, L.P. Reports Strong Quarterly Financial Results; Maintains Quarterly Distribution of $0.55 Per Unit

October 28, 2016 7:01 AM EDT

TULSA, Okla.--(BUSINESS WIRE)-- Alliance Holdings GP, L.P. (NASDAQ: AHGP) today reported strong financial results for the quarter ended September 30, 2016 (the "2016 Quarter") and announced that the Board of Directors of its general partner (the "Board") approved a distribution to unitholders of $0.55 per unit (an annualized rate of $2.20 per unit) for the 2016 Quarter, payable on November 18, 2016 to AHGP's unitholders of record as of the close of trading on November 10, 2016. The announced distribution is equal to that declared for the quarter ended June 30, 2016 (the "Sequential Quarter") and compares to the unitholder distribution of... More