Teekay LNG Partners Declares Distributions on Series A and B Preferred Units
December 17 2021 - 5:59AM
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 October 1, 2021 to December 31, 2021. The cash
distributions are payable on January 18, 2022 to all unitholders of
record as at December 31, 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, 21 mid-size LPG carriers,
and seven multi-gas carriers. Teekay LNG’s ownership interests in
these vessels range from 20 to 100 percent. In addition, Teekay LNG
owns a 30 percent interest in an LNG 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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