GasLog Partners LP Declares Distributions on Series A, B and C Preference Units
GasLog Partners LP (NYSE: GLOP) announced its quarterly distributions on preferred units, detailing payments for three series of cumulative redeemable perpetual preference units.
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Rhea-AI Summary
GasLog Partners LP (NYSE: GLOP) announced its quarterly distributions on preferred units, detailing payments for three series of cumulative redeemable perpetual preference units. The Series A units will distribute $0.5390625 per unit, Series B units $0.5125, and Series C units $0.53125. All distributions are set for December 15, 2021, with a record date of December 8, 2021.
This announcement reflects the company's ongoing commitment to returning value to shareholders through consistent distributions.
Positive
- Quarterly distributions on preference units reaffirm the company’s commitment to shareholder returns.
- All three series of preference units maintain consistent distribution rates.
Negative
- None.
Details
News Market Reaction – GLOP
The recorded move for GLOP in the trading session of this news was -1.18%.
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Majuro, Marshall Islands, Nov. 17, 2021 (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 | |
| December 8, 2021 | December 15, 2021 | ||
| December 8, 2021 | December 15, 2021 | ||
| December 8, 2021 | December 15, 2021 |
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 owner, operator and acquirer of LNG carriers. The Partnership’s fleet consists of 15 LNG carriers (including one vessel sold and leased back under a bareboat charter) with an average carrying capacity of approximately 158,000 cbm. GasLog Partners is a publicly traded master limited partnership (NYSE: GLOP) but has elected to be treated as a C corporation for U.S. income tax purposes and therefore its investors receive an Internal Revenue Service Form 1099 with respect to any distributions declared and received. Visit GasLog Partners’ website at http://www.gaslogmlp.com.
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