Hoegh LNG Partners Preferred Stock: 14.4% Yield While Balance Sheet Improves
LNGCheniere(LNG) Seeking Alpha·2024-09-01 22:40
Fokusiert/iStock via Getty Images Introduction Although the main entity Hoegh LNG Partners was delisted upon the acquisition, the preferred shares are still trading but on an over the counter basis with (OTC:HMLPF) as ticker symbol. It goes without saying the lack of access to a Tier-1 listing hurts the share price of the preferred shares. That being said, ever since the delisting, Hoegh LNG Partners continued to pay the preferred dividends while it also still publishes detailed financial statements on  ...