Teekay LNG declares cash distribution

Teekay LNG Partners has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015.

The cash distribution is payable on August 14, 2015 to all unitholders of record as at July 14, 2015, the company said in a statement on Thursday.

Teekay LNG is one of the world’s largest independent owners and operators of LNG carriers, providing transportation services primarily under long-term, fixed-rate charter contracts through its interests in 50 LNG carriers (including one LNG regasification unit and 21 newbuildings).

 

Image: Teekay LNG