TEEKAY LNG PARTNERS DECLARES DISTRIBUTIONS ON SERIES A AND B PREFERRED UNITS; AND REITERATES 2020 DISTRIBUTION GUIDANCE ON COMMON UNITS
Teekay LNG Partners L.P. (TGP)
Last teekay lng partners l.p. earnings: 2/27 02:00 am
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US:NYSE Investor Relations:
teekay.com/investors/teekay-lng-partners-l-p
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Source: GlobeNewswire
HAMILTON, Bermuda, March 20, 2020 (GLOBE NEWSWIRE) -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared cash distributions of $0.5625 per unit on the Partnership’s Series A preferred units (NYSE:TGP PR A) and $0.5313 per unit on the Partnership’s Series B preferred units (NYSE:TGP PR B) for the period from January 1, 2020 to March 31, 2020. The cash distributions are payable on April 15, 2020 to all unitholders of record as at March 31, 2020. Teekay LNG’s preferred unit distributions are reported on Form 1099 for United States tax purposes. As previously-announced, the Partnership plans to increase its cash distributions on its common units by 32 percent to $1.00 per unit per annum, effective with the first quarter of 2020 distribution to be paid in May 2020. About Teekay LNG Teekay LNG Partners is one of the world’s largest independent owners and operators of LNG carriers, providing LNG and LPG services prima
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