Capital Product Partners (CPLP) Misses Q1 EPS by 2c and Reduces Distribution
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Capital Product Partners L.P. Announces First Quarter 2016 Financial Results, Quarterly Distributions on Common and Class B Units and New Common Unit Distribution Guidance of $0.30 per Year
April 26, 2016 7:00 AM EDTATHENS, GREECE -- (Marketwired) -- 04/26/16 -- Capital Product Partners L.P. (the "Partnership" or "CPLP") (NASDAQ: CPLP), an international diversified shipping partnership, today released its financial results for the first quarter ended March 31, 2016 and announced distributions on the Partnership's common and Class B units.
Management Commentary
"The board of directors (the "Board") today announced the creation of a capital reserve, a related reduction in available cash distributable on common units and the resetting of the common unit distribution level to a new sustainable path. Accordingly, our Board has... More
Capital Product Partners L.P. Announces Cash Distribution
April 26, 2016 7:00 AM EDTATHENS, GREECE -- (Marketwired) -- 04/26/16 -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that its board of directors has declared a cash distribution of $0.075 per common unit for the first quarter of 2016 ended March 31, 2016.
The first quarter common unit cash distribution will be paid on May 13, 2016, to unit holders of record on May 6, 2016.
About Capital Product Partners L.P.
Capital Product Partners L.P. (NASDAQ: CPLP), a Marshall Islands master limited... More
