Alliance Holdings (AHGP) Raises Quarterly Dividend 2.4% to $0.96; 10.9% Yield
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Alliance Holdings GP, L.P. Reports Quarterly Financial Results and Increases Quarterly Distribution by 2.4% to $0.96 Per Unit
July 28, 2015 7:00 AM EDTTULSA, Okla.--(BUSINESS WIRE)-- Alliance Holdings GP, L.P. (NASDAQ: AHGP) today announced that the Board of Directors of its general partner (the "Board") increased the cash distribution to unitholders for the quarter ended June 30, 2015 (the "2015 Quarter ") to $0.96 per unit, or an annualized rate of $3.84 per unit, payable on August 19, 2015 to AHGPs unitholders of record as of the close of trading on August 12, 2015. The declared quarterly cash distribution represents a 10.3% increase over the cash distribution of $0.87 per unit for the quarter ended June 30, 2014 (the "2014 Quarter") and an increase of 2.4% over the first quarter 2015 distribution of... More
