Stonemor Partners (STON) Declares $0.66 Quarterly Dividend; 9.6% Yield

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StoneMor Partners L.P. Announces Distribution, Date of Conference Call and Webcast to Discuss 2015 Fourth Quarter and Full Year Financial Results

January 26, 2016 5:17 PM EST

LEVITTOWN, Pa., Jan. 26, 2016 (GLOBE NEWSWIRE) -- StoneMor Partners L.P. (NYSE: STON) (StoneMor or the Partnership) today announced a quarterly cash distribution of $0.66 per common unit for the 4th quarter 2015. The distribution represents a 5% increase over the prior year 4th quarter. The distribution is payable on February 12, 2016 to common unit holders of record as of the close of business on February 5, 2016.

Commenting on the distribution announcement, Larry Miller, StoneMors President and CEO, said, Id like to thank our employees for an excellent calendar year 2015, as... More