Alliance Holdings (AHGP) Reports Q4 EPS of 82c

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Alliance Holdings GP, L.P. Reports Quarterly Financial Results; Increases Quarterly Distribution by 1.0% to $0.7425 Per Unit; and Announces Intent to Simplify Structure

January 29, 2018 7:00 AM EST

TULSA, Okla.--(BUSINESS WIRE)-- Alliance Holdings GP, L.P. (NASDAQ: AHGP) today reported financial results for the quarter and year ended December 31, 2017 (the "2017 Quarter" and the "2017 Year", respectively). As previously announced, the Board of Directors of its general partner (the "Board") approved a distribution to unitholders of $0.7425 per unit (an annualized rate of $2.97 per unit) for the 2017 Quarter, payable on February 20, 2018 to AHGP unitholders of record as of the close of trading on February 13, 2018. The announced distribution represents a 35.0% increase over the cash distribution of $0.55 for the quarter ended December 31, 2016 and a 1.0%... More