{"id":477130,"date":"2021-04-15T16:08:27","date_gmt":"2021-04-15T20:08:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/teekay-lng-partners-declares-15-percent-increase-in-common-unit-distribution\/"},"modified":"2021-04-15T16:08:27","modified_gmt":"2021-04-15T20:08:27","slug":"teekay-lng-partners-declares-15-percent-increase-in-common-unit-distribution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/teekay-lng-partners-declares-15-percent-increase-in-common-unit-distribution\/","title":{"rendered":"Teekay LNG Partners Declares 15 Percent Increase in Common Unit Distribution"},"content":{"rendered":"
\n

HAMILTON, Bermuda, April 15, 2021 (GLOBE NEWSWIRE) — Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG<\/em> or the Partnership<\/em>) (NYSE:TGP), has declared a cash distribution of $0.2875 per common unit for the quarter ended March 31, 2021, representing a 15 percent increase over the previous quarter\u2019s distribution. This corresponds to $1.15 per common unit on an annualized basis.<\/p>\n

The cash distribution is payable on May 14, 2021 to all common unitholders of record on May 5, 2021. Teekay LNG\u2019s common unit distributions are reported on Form 1099 for United States tax purposes.<\/p>\n

About Teekay LNG<\/p>\n

Teekay LNG is one of the world\u2019s 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\u2019s 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.<\/p>\n

Teekay LNG Partners\u2019 common units and preferred units trade on the New York Stock Exchange under the symbols \u201cTGP\u201d, \u201cTGP PR A\u201d and \u201cTGP PR B\u201d, respectively.<\/p>\n

\n For Investor Relations <\/strong>
\n
\n enquiries contact:<\/strong>\n <\/p>\n

Ryan Hamilton
Tel: +1 (604) 609-2963
Website: www.teekay.com<\/a><\/p>\n

\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

HAMILTON, Bermuda, April 15, 2021 (GLOBE NEWSWIRE) — Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution of $0.2875 per common unit for the quarter ended March 31, 2021, representing a 15 percent increase over the previous quarter\u2019s distribution. This corresponds to $1.15 per common unit on an annualized basis. The cash distribution is payable on May 14, 2021 to all common unitholders of record on May 5, 2021. Teekay LNG\u2019s common unit distributions are reported on Form 1099 for United States tax purposes. About Teekay LNG Teekay LNG is one of the world\u2019s largest independent owners and operators of LNG carriers, providing LNG and LPG services … <\/p>\n

Continue reading “Teekay LNG Partners Declares 15 Percent Increase in Common Unit Distribution”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-477130","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTeekay LNG Partners Declares 15 Percent Increase in Common Unit Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/teekay-lng-partners-declares-15-percent-increase-in-common-unit-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Teekay LNG Partners Declares 15 Percent Increase in Common Unit Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HAMILTON, Bermuda, April 15, 2021 (GLOBE NEWSWIRE) — Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution of $0.2875 per common unit for the quarter ended March 31, 2021, representing a 15 percent increase over the previous quarter\u2019s distribution. This corresponds to $1.15 per common unit on an annualized basis. The cash distribution is payable on May 14, 2021 to all common unitholders of record on May 5, 2021. Teekay LNG\u2019s common unit distributions are reported on Form 1099 for United States tax purposes. 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