Alliance Resource Partners (ARLP) Declares $0.4375 Quarterly Dividend; 7.4% Yield
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Alliance Holdings GP, L.P. Reports Strong Quarterly Financial Results; Maintains Quarterly Distribution of $0.55 Per Unit
October 28, 2016 7:01 AM EDTTULSA, Okla.--(BUSINESS WIRE)-- Alliance Holdings GP, L.P. (NASDAQ: AHGP) today reported strong financial results for the quarter ended September 30, 2016 (the "2016 Quarter") and announced that the Board of Directors of its general partner (the "Board") approved a distribution to unitholders of $0.55 per unit (an annualized rate of $2.20 per unit) for the 2016 Quarter, payable on November 18, 2016 to AHGP's unitholders of record as of the close of trading on November 10, 2016. The announced distribution is equal to that declared for the quarter ended June 30, 2016 (the "Sequential Quarter") and compares to the unitholder distribution of... More
Alliance Resource Partners, L.P. Reports Increased Quarterly Sales Volumes, Net Income and EBITDA; Maintains Quarterly Cash Distribution of $0.4375 Per Unit; Increases Guidance
October 28, 2016 7:01 AM EDTTULSA, Okla.--(BUSINESS WIRE)-- Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported financial and operating results for the quarter ended September 30, 2016 (the "2016 Quarter"). On the strength of record coal sales volumes, net income in the 2016 Quarter rose 7.7% to $89.8 million, or $0.91 per basic and diluted limited partner unit ("EPU"), compared to $83.4 million, or $0.61 per basic and diluted limited partner unit, for the quarter ended September 30, 2015 (the "2015 Quarter"). Total revenues in the 2016 Quarter declined 2.5% compared to the 2015 Quarter to $552.1 million, as lower coal sales prices more than offset increased sales volumes. The... More
Alliance Resource Partners, L.P. Reports Increased Quarterly Sales Volumes, Net Income and EBITDA; Maintains Quarterly Cash Distribution of $0.4375 Per Unit; Increases Guidance
October 28, 2016 7:01 AM EDTTULSA, Okla.--(BUSINESS WIRE)-- Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported financial and operating results for the quarter ended September 30, 2016 (the "2016 Quarter"). On the strength of record coal sales volumes, net income in the 2016 Quarter rose 7.7% to $89.8 million, or $0.91 per basic and diluted limited partner unit ("EPU"), compared to $83.4 million, or $0.61 per basic and diluted limited partner unit, for the quarter ended September 30, 2015 (the "2015 Quarter"). Total revenues in the 2016 Quarter declined 2.5% compared to the 2015 Quarter to $552.1 million, as lower coal sales prices more than offset increased sales volumes. The... More
