CPLP - Capital Product Partners: A Decent Yield But Too Much Uncertainty To Expect Anything More
Introduction
When Capital Product Partners (CPLP) released their results for the second quarter of 2020, they reduced their distributions by a massive 71%. Following their unit price plunging throughout 2020 as the Covid-19 pandemic spiraled into a full economic crisis, they still offer a high distribution yield slightly over 6%. Whilst they have paid significantly higher distributions in the past, it appears prudent for investors to remain conservative and thus not expect anything more due to various uncertainties.
Executive Summary & Ratings
Since many readers are likely short on time, the table below