GasLog Ltd. Declares Dividend on Series A Preference Shares
GasLog Ltd. (NYSE: GLOG) has declared a $0.546875 per share dividend on its 8.75% Series A Cumulative Redeemable Perpetual Preference Shares.
Sentiment and the balance of points
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Rhea-AI Summary
GasLog Ltd. (NYSE: GLOG) has declared a $0.546875 per share dividend on its 8.75% Series A Cumulative Redeemable Perpetual Preference Shares. This dividend is payable on July 1, 2022 to all shareholders of record by June 30, 2022.
GasLog is a prominent owner and operator of LNG carriers, supporting international energy companies with a fleet of 39 LNG carriers, including 35 operational vessels and 4 under construction.
Positive
- Dividend of $0.546875 per share announced, enhancing shareholder returns.
- Strong fleet composition with 39 LNG carriers, indicating operational strength.
Negative
- None.
Details
News Market Reaction – GLOP
The recorded move for GLOP in the trading session of this news was -0.20%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Piraeus, Greece, May 11, 2022 (GLOBE NEWSWIRE) -- GasLog Ltd. (“GasLog” or “Company”) (NYSE: GLOG) today announced a dividend of
Email:
ir@gaslogltd.com
About GasLog
GasLog is an international owner, operator and manager of LNG carriers providing support to international energy companies as part of their LNG logistics chain. GasLog’s consolidated fleet consists of 39 LNG carriers (35 on the water plus 4 under construction). Of these vessels, 19 are owned by GasLog, five have been sold and leased back by GasLog under long-term bareboat charters and of the remaining 15 LNG carriers, 14 are owned by the Company’s subsidiary, GasLog Partners LP, and one has been sold and leased back by GasLog Partners LP.
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