Capital Products Limited Partners (CPLP)

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$CPLP @3.69 Bought some @3.65...
Capital Product Partners L.P.

Key Data
http://seekingalpha.com/symbol/CPLP/key-data

http://www.capitalpplp.com/overview.cfm

Sustainable Distribution • The Partnership’s common unit distribution for the third quarter of 2016 was $0.075 per common unit. • The Partnership announced an increase to its quarterly distribution by 0.5 cents from 4Q2016 onwards to $0.08 per common unit following the acquisition of an eco MR product tanker from its Sponsor. • The common unit distribution coverage as of September 30, 2016 was 4.7x or 1.5x excluding the impact of certain one-off proceeds. • Strong balance sheet with capital reserve in place for debt amortization payments until end of 2018. • Long term distribution growth is enhanced by the Partnership’s commitment to accretive growth strategies as it builds on its financial flexibility. CPLP has the option to grow its fleet further with five additional newbuild eco MR product tankers from its Sponsor, on which CPLP has a right of first refusal.

Fact Sheet...
http://files.shareholder.com/downloads/CSMC/3732249536x0x560797/F708B534-E2C6-493C-A841-C38E97146522/CPLP_FactSheet.pdf