Alliance Holdings (AHGP) Declares $0.96 Quarterly Dividend; 27.7% Yield

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Go back to Alliance Holdings (AHGP) Declares $0.96 Quarterly Dividend; 27.7% Yield

Alliance Holdings GP, L.P. Reports Quarterly and Full Year Financial Results; Maintains Quarterly Distribution of $0.96 Per Unit

January 26, 2016 7:00 AM EST

TULSA, 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 December 31, 2015 (the "2015 Quarter") of $0.96 per unit, or an annualized rate of $3.84 per unit, payable on February 19, 2016 to AHGPs unitholders of record as of the close of trading on February 12, 2016. The declared quarterly cash distribution represents a 4.9% increase over the cash distribution of $0.915 per unit for the quarter ended December 31, 2014 (the "2014 Quarter") and is equal to the cash distribution for the quarter ended... More