Stonemor Partners (STON) Declares $0.66 Quarterly Dividend; 10.9% Yield

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StoneMor Partners L.P. Announces Distribution, Date of Conference Call and Webcast to Discuss 2016 First Quarter Financial Results

April 26, 2016 5:57 PM EDT

TREVOSE, Pa., April 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 1st quarter 2016. The distribution represents a 3.1% increase over the prior year 1st quarter.  The distribution is payable on May 13, 2016 to common unit holders of record as of the close of business on May 6, 2016.

StoneMor plans to hold an investors' conference call to discuss its 1st quarter financial results (which will be released before this call) on Monday, May 9, 2016 at... More