Capital Product Partners L.P. Announces Cash Distribution

Rhea-AI Summary

Capital Product Partners L.P. (CPLP) announced a cash distribution of $0.10 per common unit for Q3 2021, payable on November 12, 2021, to holders of record by November 5, 2021.

The partnership, based in the Marshall Islands, owns 18 vessels, including Neo-Panamax and Panamax container ships, a Capesize bulk carrier, and two LNG carriers.

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• Declared a cash distribution of $0.10 per common unit.
• Consistent dividend payment enhances investor confidence.

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• None.

ATHENS, Greece, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that its board of directors has declared a cash distribution of $0.10 per common unit for the third quarter of 2021 ended September 30, 2021.

The third quarter common unit cash distribution will be paid on November 12, 2021 to common unit holders of record on November 5, 2021.

About Capital Product Partners L.P.
Capital Product Partners L.P. (NASDAQ: CPLP), a Marshall Islands master limited partnership, is an international owner of ocean-going vessels. CPLP currently owns 18 vessels, including twelve Neo-Panamax container vessels, three Panamax container vessels, one Capesize bulk carrier and two LNG carriers and has agreed to acquire a third LNG carrier.

For more information about the Partnership, please visit: www.capitalpplp.com.

Forward-Looking Statements
The statements in this press release that are not historical facts may be forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). These forward-looking statements involve risks and uncertainties that could cause the stated or forecasted results to be materially different from those anticipated. Unless required by law, we expressly disclaim any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in our views or expectations, to conform them to actual results or otherwise. We assume no responsibility for the accuracy and completeness of the forward-looking statements. We make no prediction or statement about the performance of our common units.

CPLP-F

Contact Details:

Capital GP L.L.C.
Jerry Kalogiratos
CEO
Tel. +30 (210) 4584 950
E-mail: j.kalogiratos@capitalpplp.com

Capital GP L.L.C.
Nikos Kalapotharakos
CFO
Tel. +30 (210) 4584 950
E-mail: n.kalapotharakos@capitalmaritime.com

Investor Relations / Media
Nicolas Bornozis
Capital Link, Inc. (New York)
Tel. +1-212-661-7566
E-mail: cplp@capitallink.com

Source: Capital Product Partners L.P.

FAQ

What is the cash distribution amount declared by CPLP for Q3 2021?

CPLP declared a cash distribution of $0.10 per common unit for Q3 2021.

When will CPLP's Q3 2021 cash distribution be paid?

The cash distribution will be paid on November 12, 2021.

What is the record date for CPLP's Q3 2021 distribution?

The record date for the Q3 2021 distribution is November 5, 2021.

How many vessels does Capital Product Partners own?

Capital Product Partners currently owns 18 vessels.

What types of vessels are included in CPLP's fleet?

CPLP's fleet includes Neo-Panamax and Panamax container vessels, a Capesize bulk carrier, and LNG carriers.