Alliance Holdings (AHGP) Raises Quarterly Dividend 10.6% to $0.9375; 7.5% Yield

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Go back to Alliance Holdings (AHGP) Raises Quarterly Dividend 10.6% to $0.9375; 7.5% Yield

Alliance Holdings GP, L.P. Reports Quarterly Financial Results and Increases Quarterly Distribution by 2.5% to $0.9375 Per Unit

April 28, 2015 6:00 PM EDT

TULSA, Okla.--(BUSINESS WIRE)-- Alliance Holdings GP, L.P. (NASDAQ: AHGP) today announced that the Board of Directors of its general partner (the "Board") increased the cash distribution to unitholders for the quarter ended March 31, 2015 (the "2015 Quarter ") to $0.9375 per unit, or an annualized rate of $3.75 per unit, payable on May 20, 2015 to AHGPs unitholders of record as of the close of trading on May 13, 2015. The declared quarterly cash distribution represents a 10.6% increase over the cash distribution of $0.8475 per unit for the quarter ended March 31, 2014 (the "2014 Quarter") and an increase of 2.5% over the fourth quarter 2014... More