Stonemor Partners (STON) Raises Quarterly Dividend 1.5% to $0.66; 8.8% Yield
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StoneMor Partners L.P. Announces Increased Distribution, Date of Conference Call and Webcast to Discuss 2015 Third Quarter Financial Results
October 27, 2015 7:00 AM EDTLEVITTOWN, Pa., Oct. 27, 2015 (GLOBE NEWSWIRE) -- StoneMor Partners L.P. (NYSE: STON) (StoneMor or the Partnership) today announced an increased quarterly cash distribution of $0.66 per common unit for the 3rd quarter 2015, a 7% increase from the prior year 3rd quarter of $0.62 per common unit, and a 2% increase from the 2nd quarter 2015. This represents the 6th successive increase in the quarterly cash distribution. The distribution is payable on November 13, 2015 to common unit holders of record as of the close of business on November 6, 2015.
StoneMor plans to hold an... More
