Alliance Resource Partners (ARLP) Declares $0.675 Quarterly Dividend; 12.4% Yield
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Alliance Resource Partners, L.P. Reports Quarterly Financial and Operating Results; Declares Quarterly Cash Distribution of $0.675 Per Unit
October 27, 2015 7:00 AM EDTTULSA, Okla.--(BUSINESS WIRE)-- Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported financial and operating results for the quarter ended September 30, 2015 (the "2015 Quarter"). Net income in the 2015 Quarter fell to $83.4 million, or $0.61 per basic and diluted limited partner unit, compared to $120.0 million, or $1.13 per basic and diluted limited partner unit, for the quarter ended September 30, 2014 (the "2014 Quarter"). Results for the 2015 Quarter were negatively impacted by two non-recurring items. First, compared to the 2014 Quarter, equity in loss of affiliates related to White Oak Resources LLC ("White Oak") increased $17.0 million prior to ARLPs July... More
Alliance Holdings GP, L.P. Reports Quarterly Financial Results and Declares Distribution of $0.96 Per Unit
October 27, 2015 7:00 AM EDTTULSA, Okla.--(BUSINESS WIRE)-- Alliance Holdings GP, L.P. (NASDAQ: AHGP) today announced that the Board of Directors of its general partner (the "Board") approved a distribution to unitholders for the quarter ended September 30, 2015 (the "2015 Quarter") of $0.96 per unit, or an annualized rate of $3.84 per unit, payable on November 19, 2015 to AHGPs unitholders of record as of the close of trading on November 12, 2015. The declared quarterly cash distribution represents a 7.6% increase over the cash distribution of $0.8925 per unit for the quarter ended September 30, 2014 (the "2014 Quarter") and is equal to the cash distribution for the quarter ended... More
