Hoegh LNG Partners said that its board of directors has declared a prorated quarterly cash distribution for the quarter ended September 30 of $0.1834 per unit.
The distribution was prorated for the period beginning on August 12, 2014, which was the closing date of Hoegh LNG Partners LP’s initial public offering, and ending on September 30, 2014, and corresponds to a quarterly distribution of $0.3375 per outstanding unit, or $1.35 per outstanding unit on an annualized basis.
The pro-rated cash distribution will be paid on November 14, 2014 to all unitholders of record as of the close of the business on November 4, 2014.
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Press Release; Image: Hoegh LNG