Alliance Holdings (AHGP) Declares $0.55 Quarterly Dividend; 8.9% Yield

Go back to Alliance Holdings (AHGP) Declares $0.55 Quarterly Dividend; 8.9% Yield

Alliance Holdings GP, L.P. Reports Solid Quarterly Financial Results; Maintains Quarterly Distribution of $0.55 Per Unit

July 26, 2016 7:00 AM EDT

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 June 30, 2016 (the "2016 Quarter") of $0.55 per unit (an annualized rate of $2.20 per unit), payable on August 19, 2016 to AHGPs unitholders of record as of the close of trading on August 12, 2016. The announced distribution is equal to that declared for the quarter ended March 31, 2016 (the "Sequential Quarter") and compares to the unitholder distribution of $0.96 per unit for the quarter ended June, 30 2015 (the "2015 Quarter").... More