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Capital Product Partners L.P. Announces Cash Distribution

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Capital Product Partners L.P. (NASDAQ: CPLP) announced a cash distribution of $0.10 per common unit for Q4 2020. This distribution will be paid on February 10, 2021 to holders of record as of February 2, 2021. CPLP currently owns 14 vessels, comprising 13 neo panamax container vessels and 1 capesize bulk carrier. The company emphasizes its position as an international owner of ocean-going vessels.

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  • Declared cash distribution of $0.10 per common unit for Q4 2020.
  • Distribution payment scheduled for February 10, 2021.
  • Owns a diverse fleet of 14 vessels, including 13 neo panamax container vessels.
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  • None.

ATHENS, Greece, Jan. 22, 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 fourth quarter of 2020 ended December 31, 2020.

The fourth quarter common unit cash distribution will be paid on February 10, 2021 to common unit holders of record on February 2, 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 14 vessels, including 13 neo 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 for CPLP in Q4 2020?

The cash distribution amount for Capital Product Partners L.P. (CPLP) in Q4 2020 is $0.10 per common unit.

When will the cash distribution be paid to holders of CPLP?

The cash distribution for CPLP will be paid on February 10, 2021.

What is the record date for the CPLP cash distribution?

The record date for the CPLP cash distribution is February 2, 2021.

How many vessels does Capital Product Partners L.P. own?

Capital Product Partners L.P. owns a total of 14 vessels.

Capital Product Partners L.P.

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