Teekay LNG Partners Declares Distributions on Series A and B Preferred Units
June 18 2021 - 6:59AM
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 April 1, 2021 to June 30, 2021. The cash distributions
are payable on July 15, 2021 to all unitholders of record as at
June 30, 2021.
Teekay LNG’s preferred unit distributions are
reported on Form 1099 for United States tax purposes.
About Teekay LNG
Teekay LNG is one of the world’s largest
independent owners and operators of LNG carriers, providing LNG and
LPG services primarily under long-term, fee-based charter contracts
through its interests in 47 LNG carriers, 23 mid-size LPG carriers,
and seven multi-gas carriers. The Partnership’s ownership interests
in these vessels range from 20 to 100 percent. In addition, the
Partnership owns a 30 percent interest in a regasification
terminal. Teekay LNG is a publicly-traded master limited
partnership formed by Teekay Corporation (NYSE: TK) as part of its
strategy to expand its operations in the LNG and LPG shipping
sectors.
Teekay LNG Partners’ common units and preferred
units trade on the New York Stock Exchange under the symbols “TGP”,
“TGP PR A” and “TGP PR B”, respectively.
For Investor Relations enquiries
contact:
Ryan HamiltonTel: +1 (604) 609-2963Website: www.teekay.com
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