Capital Product Partners L.P. Announces Cash Distribution

Rhea-AI Summary

Capital Product Partners L.P. (NASDAQ:CPLP) announced a cash distribution of $0.15 per common unit for Q3 2022, ending September 30, 2022. This distribution will be payable on November 10, 2022 to holders of record as of November 2, 2022. CPLP operates a fleet of 20 vessels, including LNG carriers and container vessels, positioning itself as a significant player in the maritime industry.

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• Announced a cash distribution of $0.15 per common unit for Q3 2022.
• Strong fleet with 20 vessels, including six latest generation LNG carriers.

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• None.

ATHENS, Greece, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ:CPLP) today announced that its board of directors has declared a cash distribution of $0.15 per common unit for the third quarter of 2022 ended September 30, 2022.

The third quarter common unit cash distribution will be paid on November 10, 2022 to common unit holders of record on November 2, 2022.

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 20 vessels, including six latest generation LNG carriers, ten Neo-Panamax container vessels, three Panamax container vessels and one Capesize bulk 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 announced by CPLP for Q3 2022?

CPLP announced a cash distribution of $0.15 per common unit for Q3 2022.

When will the cash distribution for CPLP be paid?

The cash distribution will be paid on November 10, 2022.

What is the record date for CPLP's cash distribution?

The record date for CPLP's cash distribution is November 2, 2022.

What types of vessels does CPLP own?

CPLP owns 20 vessels, including six LNG carriers and various container vessels.

What is the significance of the cash distribution for CPLP investors?

The cash distribution indicates financial stability and a return on investment for CPLP investors.