(Höegh LNG, 14.Jan.2021) — Höegh LNG Partners LP announced today its board of directors has declared a quarterly cash distribution with respect to the quarter ended 31 December 2020 of $0.44 per unit for the common units. The distribution corresponds to an annualized distribution of $1.76 per unit.
The cash distribution for the common units will be paid on 12 February 2021 to all common unitholders of record as of the close of the business on 29 January 2021.
The partnership also announced the board declared a cash distribution of $0.546875 per 8.75% Series A preferred unit. The cash distribution for the 8.75% Series A preferred units will be paid on 16 February to all 8.75% Series A preferred unitholders of record as of the close of the business on 8 February.
About Höegh LNG Partners LP
Höegh LNG Partners LP is a growth-oriented limited partnership formed by Höegh LNG Holdings Ltd. (Oslo Børs ticker: HLNG), a leading floating LNG service provider.
HMLP’s strategy is to own, operate and acquire floating storage and regasification units (FSRUs) and associated LNG infrastructure assets under long-term charters. It has interests in five FSRUs that have an industry leading average remaining firm contract duration of 8.5 years plus options as of 31 December 2020.
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