- Despite weakness in LNG spot rates, Teekay LNG Partners' long-term fixed contracts enable it to consistently generate higher cash flows.
- The company has also been paying down debt and recently eliminated incentive distribution rights - two more positive signs for investors.
- This article reviews the health of the business, cash flows, balance sheet strength, valuation, risks, dividend safety, and concludes with our opinion on investing in the common versus preferred units.
For further details see:
Teekay LNG: 9.3% Yield Preferred Vs. 9.4% Yield Common Units