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Landmark Infrastructure Partners LP (NASDAQ: LMRK) announced a quarterly cash distribution for its 7.90% Series B Preferred Units, amounting to $0.49375 per unit, payable on August 16, 2021. The record date for this distribution is August 2, 2021. Additionally, the Series C Floating-to-Fixed Rate Preferred Units will receive a quarterly distribution of $0.4375 per unit, also payable on August 16, 2021, based on a 7.00% annual rate or a floating rate linked to LIBOR. Both distributions are categorized as U.S. dividend income from a REIT.
Landmark Infrastructure Partners LP (NASDAQ: LMRK) announced a quarterly cash distribution of $0.500 per Series A Cumulative Redeemable Perpetual Preferred Unit, set for payment on July 15, 2021. This distribution is intended for holders on record as of July 1, 2021. The Partnership focuses on managing a portfolio of real property interests and infrastructure assets, primarily serving the wireless communication, digital infrastructure, outdoor advertising, and renewable power generation sectors. The press release also includes a cautionary note on forward-looking statements.
Landmark Infrastructure Partners LP (LMRK) reported a strong first quarter of 2021, with rental revenue reaching $17.3 million, a 25% increase year-over-year. The net income attributable to common unitholders stood at $0.11 per diluted unit, compared to a loss of $0.18 in Q1 2020. Funds from Operations (FFO) were $0.36 per diluted unit, an improvement from $0.01 in the prior year. The Partnership also announced a quarterly distribution of $0.20 per common unit, payable on May 14, 2021. As of March 31, 2021, Landmark had $218 million in outstanding borrowings under its credit facility.
On April 23, 2021, Landmark Infrastructure Partners LP (LMRK) announced a cash distribution of $0.20 per common unit for Q1 2021, totaling $0.80 annually. This distribution will be payable on May 14, 2021, to unitholders of record as of May 4, 2021. The Partnership is set to release its earnings results on May 5, 2021, prior to the market opening, followed by a conference call at 12:00 p.m. ET. The Partnership focuses on real property interests and infrastructure assets leased to sectors including wireless communication and renewable energy.
Landmark Infrastructure Partners LP (NASDAQ: LMRK) announced a quarterly cash distribution for its Series B Cumulative Redeemable Perpetual Preferred Units of $0.49375, payable on May 17, 2021, to unitholders of record as of May 3, 2021. Additionally, a distribution of $0.4375 for Series C Floating-to-Fixed Rate Cumulative Perpetual Redeemable Convertible Preferred Units was declared, also payable on May 17, 2021. The distribution for Series C is based on a rate calculation tied to a floating LIBOR rate. Landmark manages real property and infrastructure assets for industries like wireless communication and renewable power.
On March 19, 2021, Landmark Infrastructure Partners LP (LMRK) declared a quarterly cash distribution of $0.500 per Series A Cumulative Redeemable Perpetual Preferred Unit (LMRKP). This distribution will be payable on April 15, 2021, to unitholders of record as of April 1, 2021. The Partnership focuses on managing real property interests and infrastructure assets in various sectors, including wireless communication and renewable power generation. Additionally, the press release includes a notice regarding dividend income and forward-looking statements, advising caution due to inherent risks and uncertainties.
Landmark Infrastructure Partners LP (NASDAQ: LMRK) has announced the completion of its 2020 tax packages for unitholders of Common Units and various Preferred Units, including the Schedule K-1. These tax packages are accessible online and will be printed and mailed starting March 1, 2021. Unitholders can find additional assistance by contacting the Tax Package Support hotline. The Partnership manages a portfolio of real property interests and infrastructure assets leased to companies in sectors including wireless communication and renewable power generation.
Landmark Infrastructure Partners LP (LMRK) reported a strong fourth quarter of 2020, with rental revenue of $16.9 million, a 22% year-over-year increase. Net income attributable to common unitholders was $0.12 per diluted unit, compared to a loss of $0.08 in Q4 2019. The Partnership generated FFO of $0.35 per diluted unit, enhancing key financial metrics. For the full year, total rental revenue reached $58.8 million, up from $53.7 million in 2019. The company also acquired 15 assets for approximately $148 million, demonstrating growth potential. A quarterly distribution of $0.20 per common unit was declared.
Landmark Infrastructure Partners LP (NASDAQ: LMRK) announced a cash distribution of $0.20 per common unit for Q4 2020, amounting to an annualized $0.80. This distribution will be paid on February 12, 2021 to unitholders on record as of February 2, 2021. The Partnership will release its Q4 earnings results on February 24, 2021, followed by a conference call for management to discuss the findings.
Landmark Infrastructure Partners LP has declared a quarterly cash distribution for its Series B and Series C Preferred Units. The Series B Preferred Units will receive a distribution of $0.49375 per unit, while the Series C Preferred Units will receive $0.4375 per unit, both payable on February 16, 2021. Record date for both distributions is February 1, 2021. The Series C distribution is based on the greater of 7.00% per annum or a floating rate calculated from the three-month LIBOR plus a spread. The partnership focuses on real property and infrastructure assets in various industries.
