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home / news releases / GLOP - GasLog Partners: Common Stock Tanks But 16%+ Yield On Preferred Shares Just Became Safer


GLOP - GasLog Partners: Common Stock Tanks But 16%+ Yield On Preferred Shares Just Became Safer

  • GLOP's stock is getting slaughtered - currently 32% lower intraday due to weak results and another massive dividend cut.
  • While terrible news for common stockholders, distributions on preferred share should now enjoy even higher coverage.
  • Considering that preferreds are utterly unlikely to get called, we most view the three equities as an "annuity-type" fixed income opportunity offering a massive, potentially "perpetual" yield. Risks remain.

For further details see:

GasLog Partners: Common Stock Tanks, But 16%+ Yield On Preferred Shares Just Became Safer
Stock Information

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

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