Hoegh LNG Partners in 'surprising' move to maintain dividends

Hoegh LNG Partners is maintaining its dividends during the pandemic, despite Hoegh LNG pulling its own payout this month.

The US-listed FSRU-owning partnership said it will go ahead with a $0.44 per unit cash distribution on 15 May, covering the first quarter.

The dividend equates to to an annualised distribution of $1.76 per unit, equal to a 16% return.

The LNG shipowner also announced a payout of $0.55