tiprankstipranks
Dynagas LNG Partners Announces Series A Cash Distribution
Company Announcements

Dynagas LNG Partners Announces Series A Cash Distribution

Story Highlights

Invest with Confidence:

Dynagas LNG Partners ( (DLNG) ) has issued an announcement.

On January 22, 2025, Dynagas LNG Partners LP announced a cash distribution of $0.5625 per unit for its Series A Cumulative Redeemable Perpetual Preferred Units, covering the period from November 12, 2024, to February 11, 2025. This marks the thirty-eighth consecutive cash distribution for these units, signifying consistent financial performance and commitment to returning value to stakeholders, thus potentially enhancing the company’s attractiveness to investors.

More about Dynagas LNG Partners

Dynagas LNG Partners LP is a master limited partnership specializing in the ownership and operation of liquefied natural gas (LNG) carriers, which are employed on multi-year charters. The company operates a fleet of six LNG carriers with a total carrying capacity of approximately 914,000 cubic meters.

YTD Price Performance: -7.25%

Average Trading Volume: 74,312

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $188.6M

Learn more about DLNG stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App