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home / news releases / GLOP - GasLog Partners: Collect A 13% Yield While They Deleverage


GLOP - GasLog Partners: Collect A 13% Yield While They Deleverage

Introduction

Similar to many companies and partnerships, GasLog Partners (GLOP) reduced their distributions by a massive 78% earlier in 2020 to help tackle their leverage and upcoming debt maturities. Following the subsequent selloff that has pushed their unit price down by over 60%, their distribution yield still sits near a very high 13%. Whilst the first half of 2020 is one that many existing unitholders dreaded, the prospects going forward are looking very desirable with a combination of being paid handsomely to wait throughout their deleveraging process.

Executive Summary & Ratings

Since many readers are

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Stock Information

Company Name: GasLog Partners LP representing limited partnership interests
Stock Symbol: GLOP
Market: NYSE
Website: gaslogmlp.com

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