GasLog Partners LP Declares Distributions on Series A, B and C Preference Units
Rhea-AI Summary
GasLog Partners LP (NYSE: GLOP) announced its quarterly distributions on preference units for Q3 2021. The distributions are as follows: $0.5390625 for the 8.625% Series A units, $0.5125 for the 8.200% Series B units, and $0.53125 for the 8.500% Series C units. The record date for all distributions is September 8, 2021, with payment on September 15, 2021. GasLog Partners operates a fleet of 15 LNG carriers, focusing on growth in the LNG sector.
Positive
- Quarterly distributions are announced, maintaining investor returns.
- Distributions include significant amounts per unit: $0.5390625 (Series A), $0.5125 (Series B), and $0.53125 (Series C).
- The company continues to operate a fleet of 15 LNG carriers, indicating steady operational capacity.
Negative
- None.
News Market Reaction – GLOP
In the trading session that priced this news, GLOP declined 18.25%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Piraeus, Greece, July 27, 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 | |
| September 8, 2021 | September 15, 2021 | ||
| September 8, 2021 | September 15, 2021 | ||
| September 8, 2021 | September 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 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. The Partnership’s principal executive offices are located at 69 Akti Miaouli, 18537, Piraeus, Greece. Visit GasLog Partners’ website at http://www.gaslogmlp.com.