GasLog Ltd. Declares Dividend on Series A Preference Shares
GasLog Ltd. announced a dividend of $0.546875 per share 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. announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preference Shares. This dividend will be payable on January 3, 2022, to all shareholders on record as of December 31, 2021. GasLog operates a fleet of 35 LNG carriers, with 17 owned directly by the company. This announcement underscores the company’s commitment to returning value to shareholders while continuing to support international energy logistics.
Positive
- Dividend of $0.546875 per share reflects shareholder returns.
- Company operates 35 LNG carriers, indicating strong market presence.
Negative
- None.
Details
News Market Reaction – GLOP
The recorded move for GLOP in the trading session of this news was -1.18%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Hamilton, Bermuda, Nov. 17, 2021 (GLOBE NEWSWIRE) -- GasLog Ltd. (“GasLog” or “Company”) today announced a dividend of
Contacts:
Joseph Nelson
Head of Investor Relations
Phone: +1 212-223-0643
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 35 LNG carriers. Of these vessels, 17 are owned by GasLog, three have been sold and leased back by GasLog under long-term bareboat charters and the remaining 15 LNG carriers are owned by the Company’s subsidiary, GasLog Partners LP.
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