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GasLog Ltd. Declares Dividend on Series A Preference Shares

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GasLog Ltd. (NYSE: GLOG) has declared a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preference Shares. This dividend is scheduled for payment on July 1, 2020, to all shareholders on record as of June 30, 2020. The company, based in Piraeus, Greece, operates a fleet of 35 LNG carriers, supporting international energy companies in their LNG logistics. Notably, GasLog owns 19 vessels, with additional capacity under long-term lease agreements.

Positive
  • Declaring a dividend of $0.546875 per share enhances shareholder income.
  • The company maintains a diversified fleet of 35 LNG carriers, reinforcing its market position.
Negative
  • None.

Piraeus, Greece, May 15, 2020 (GLOBE NEWSWIRE) -- GasLog Ltd. (“GasLog” or “Company”) (NYSE: GLOG) today announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preference Shares, payable on July 1, 2020 for all shareholders of record as of June 30, 2020.

Contacts: 

Joseph Nelson 
Head of Investor Relations 
Phone: +1 212-223-0643 

Email: ir@gaslogltd.com 

About GasLog 

GasLog is an international owner, operator and manager of LNG carriers providing support to international energy companies as part of their LNG logistics chain. GasLog’s consolidated fleet consists of 35 LNG carriers. Of these vessels, 19 (14 on the water and five on order) are owned by GasLog, one has been sold to a subsidiary of Mitsui & Co., Ltd. and leased back to GasLog under a long-term bareboat charter and the remaining 15 LNG carriers are owned by the Company’s subsidiary, GasLog Partners. GasLog’s principal executive offices are at 69 Akti Miaouli, 18537 Piraeus, Greece. Visit GasLog’s website at http://www.gaslogltd.com.

FAQ

What is the dividend amount declared by GasLog Ltd.?

GasLog Ltd. declared a dividend of $0.546875 per share.

When will the dividend be paid to shareholders of GasLog Ltd.?

The dividend will be paid on July 1, 2020.

What is the record date for the GasLog Ltd. dividend?

The record date for the dividend is June 30, 2020.

How many LNG carriers does GasLog Ltd. operate?

GasLog Ltd. operates a fleet of 35 LNG carriers.

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69 Akti Miaouli