Teekay LNG Partners Declares Common Unit Distribution
HAMILTON, Bermuda, Jan. 20, 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 $0.25 per common unit for the quarter ended December 31, 2020. This corresponds to $1.00 per common unit on an annualized basis.
The cash distribution is payable on February 12, 2021 to all common unitholders of record on February 2, 2021. Teekay LNG’s common unit distributions are reported on Form 1099 for United States tax purposes.
In addition, Teekay LNG expects to provide 2021 distribution guidance and release the Partnership’s fourth quarter and fiscal year 2020 financial results in late-February 2021.