Alliance Holdings GP L.P.(NASDAQ:AHGP) Declares Dividend of $0.5500.

Alliance Holdings GP L.P. (NASDAQ:AHGP) had declared a cash dividend of $0.5500 on Jul 26, 2016. The shares will quote ex-dividend on Aug 10, 2016 and the record date has been fixed for Aug 12, 2016. On Jul 26, 2016 share price, the yield comes out to be 8.9249%. The dividend payable date has been fixed on Aug 19, 2016.

Alliance Holdings GP L.P. (AHGP) made into the market gainers list on Fridays trading session with the shares advancing 0.04% or 0.01 points. Due to strong positive momentum, the stock ended at $25.44, which is also near the day’s high of $25.98. The stock began the session at $25.44 and the volume stood at 48,286 shares. The 52-week high of the shares is $38.39 and the 52 week low is $12.05. The company has a current market capitalization of $1,523 M and it has 5,98,63,000 shares in outstanding.

Alliance Holdings GP L.P.(AHGP) last announced its earnings results on Jul 26, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $439.04M. Analysts had an estimated revenue of $427.63M. Earnings per share were $0.76. Analysts had estimated an EPS of $0.66.

Several Insider Transactions has been reported to the SEC. On Jun 10, 2016, Robert J Druten (director) sold 12,825 shares at $19.60 per share price.Also, On May 7, 2015, Cary P Marshall (Vice President and Treasurer) sold 4,000 shares at $51.51 per share price.

Alliance Holdings GP L.P. (AHGP) owns directly and indirectly 100% of the members’ interest in Alliance Resource Management GP LLC (MGP). MGP is a managing general partner of Alliance Resource Partners L.P. (ARLP). The ARLP Partnership is a diversified producer and marketer of coal primarily to United States utilities and industrial users. The Company operates in four segments: Illinois Basin Appalachia White Oak and Other and Corporate. The ARLP Partnership operates in the eastern U.S. as a producer and marketer of coal to major utilities and industrial users. The ARLP Partnership operates ten underground mining complexes in Illinois Indiana Kentucky Maryland and West Virginia. The ARLP Partnership also operates a coal loading terminal on the Ohio River at Mt. Vernon Indiana.

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