Dynagas LNG Partners LP Price, Forecast, Insider, Ratings, Fundamentals & Signals

Athens, greece, april 30, 2024 (globe newswire) -- dynagas lng partners lp (the “partnership”) (nyse: dlng), an owner and operator of liquefied natural gas (“lng”) carriers, today announced that its board of directors has declared a cash distribution of $0.69853375 per unit on its series b fixed to floating cumulative redeemable perpetual preferred units (the “series b preferred units”) (nyse: dlng pr b) for the period from and including february 22, 2024 to and including may 21, 2024 (the “distribution period”).

Athens, greece, april 26, 2024 (globe newswire) -- dynagas lng partners lp (the “partnership”) (nyse: dlng), an owner and operator of liquefied natural gas (“lng”) carriers, announced today that it has filed its annual report on form 20-f for the year ended december 31, 2023 (the “annual report”) with the u.s. securities and exchange commission (the “sec”).

Athens, greece, april 22, 2024 (globe newswire) -- dynagas lng partners lp (the “partnership”) (nyse: “dlng”), an owner and operator of lng carriers, today announced that its board of directors has declared a cash distribution of $0.5625 per unit on its series a cumulative redeemable perpetual preferred units (the “series a preferred units”) (nyse: dlng pr a) for the period from february 12, 2024 to may 11, 2024.

Athens, greece, march 28, 2024 (globe newswire) -- dynagas lng partners lp (nyse: “dlng”) (“the “partnership”), an owner and operator of liquefied natural gas (“lng”) carriers, today announced its results for the three months and year ended december 31, 2023.

Athens, greece, march 21, 2024 (globe newswire) -- dynagas lng partners lp (nyse: “dlng”) (“dynagas partners” or the “partnership”), an owner and operator of lng carriers, today announced that it will release its financial results for the fourth quarter ended december 31, 2023, before market opens in new york on thursday, march 28, 2024.

LNG Shipping Stocks: Preparation For A Bullish Move

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Dynagas LNG Partners has not paid a dividend on its common shares since 2019, making the preferred shares more attractive. The company's financial results show robust cash flow, which is good news for preferred shareholders.

Dynagas (DLNG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Dynagas LNG Partners LP (DLNG) Q4 2023 Earnings Call Transcript

ATHENS, Greece, March 21, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of LNG carriers, today announced that it will release its financial results for the fourth quarter ended December 31, 2023, before market opens in New York on Thursday, March 28, 2024.

Dynagas LNG has three ships equipped with steam turbines, and the other three fitted with TFDE (triple fuel diesel-electric) propulsion. Five of the company's ships are ice class. The company has a $1.16 billion backlog. The average time charter duration is 7.2 years. DLNG has significantly reduced its debts over the last five years. The total debt/equity dropped from 218% in 2018 to 97.8% in 2024.

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Another Great Quarter And Year For LNG Shippers

Dynagas LNG Partners has frustrated common unitholders by not paying dividends on its common units. The partnership's operating and financial performance remains strong, but all incoming cash is used to reduce debt, leaving common unitholders frustrated. The preferred shares of Dynagas offer a fixed 9% preferred dividend and currently yield 9.4% making them increasingly attractive to income investors.