GasLog Partners LP Declares Distributions on Series A, B and C Preference Units

GasLog Partners LP (NYSE: GLOP) announced quarterly distributions on its preference units.

(Moderate)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

GasLog Partners LP (NYSE: GLOP) announced quarterly distributions on its preference units.

8.625% Series A: $0.5390625 per unit, Record Date: September 8, 2020, Payment Date: September 15, 2020
8.200% Series B: $0.5125 per unit, Record Date: September 8, 2020, Payment Date: September 15, 2020
8.500% Series C: $0.53125 per unit, Record Date: September 8, 2020, Payment Date: September 15, 2020

GasLog Partners, based in Piraeus, Greece, operates a fleet of 15 LNG carriers under multi-year charters.

Positive

Announced consistent quarterly distributions for preference units.
Maintained high distribution yields across all series of preference units.

Negative

None.

Argus Session date unavailable

+2.03% session move Open Argus

Details

News Market Reaction – GLOP

The recorded move for GLOP in the trading session of this news was +2.03%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

08/05/2020 - 07:00 AM EDT

Piraeus, Greece, Aug. 05, 2020 (GLOBE NEWSWIRE) -- GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) today announced the quarterly distributions on its preference units as follows:

	Distribution	Record Date	Payment Date
8.625% Series A Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units	$0.5390625 per preference unit	September 8, 2020	September 15, 2020
8.200% Series B Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units	$0.5125 per preference unit	September 8, 2020	September 15, 2020
8.500% Series C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units	$0.53125 per preference unit	September 8, 2020	September 15, 2020

Contacts:

Joseph Nelson
Head of Investor Relations
Phone: +1 212-223-0643

Email: ir@gaslogmlp.com

About GasLog Partners

GasLog Partners is a growth-oriented master limited partnership focused on owning, operating and acquiring LNG carriers under multi-year charters. GasLog Partners’ fleet consists of 15 LNG carriers with an average carrying capacity of approximately 158,000 cbm. GasLog Partners’ principal executive offices are located at 69 Akti Miaouli, 18537 Piraeus, Greece. Visit GasLog Partners’ website at http://www.gaslogmlp.com.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the distribution amount for GasLog Partners LP's Series A preference units?

The distribution amount for GasLog Partners LP's Series A preference units is $0.5390625 per unit.

When is the record date for GasLog Partners LP's latest distributions?

The record date for GasLog Partners LP's latest distributions is September 8, 2020.

What is the payment date for GasLog Partners LP's preference units distributions?

The payment date for GasLog Partners LP's preference units distributions is September 15, 2020.

What are the yields on the preference units of GasLog Partners LP?

The yields on the preference units are 8.625% for Series A, 8.200% for Series B, and 8.500% for Series C.

How many LNG carriers does GasLog Partners LP operate?

GasLog Partners LP operates a fleet of 15 LNG carriers.

GasLog Partners LP Declares Distributions on Series A, B and C Preference Units