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.
Key Points:
- 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.
- The cash distribution is payable on May 13, 2024 to all preferred unit holders of record as of May 6, 2024.
- This is the thirty-fifth sequential cash distribution on the Series A Preferred Units since they began trading on the NYSE.
- The Partnership has 3,000,000 Series A Preferred Units outstanding as of the date of this press release.
Natural gas,
PDF,
Webcast,
Partnership,
International,
Insurance,
Arctic,
QWERTY,
Interest,
ID,
Series,
Equinor,
Cryptocurrency The latter excludes the effect of the realized gain of $6.4 million on the interest rate swap in the fourth quarter of 2023.
Key Points:
- The latter excludes the effect of the realized gain of $6.4 million on the interest rate swap in the fourth quarter of 2023.
- The Partnership additionally recognized in the three months ended December 31, 2023 Other Income of $2.9 million, which represents income from insurance claims.
- During both three-month periods ended December 31, 2023 and 2022, the Partnership’s vessels operated at 100% utilization.
- Adjusted EBITDA (a non-GAAP financial measure) for the three months ended December 31, 2023 was $27.4 million, as compared to $23.6 million for the corresponding period of 2022.
The same day, Thursday, March 28, 2024, at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the earnings results.
Key Points:
- The same day, Thursday, March 28, 2024, at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the earnings results.
- Audio Webcast - Slides Presentation:
There will be a live and then archived webcast of the conference call and accompanying slides, available on the Company’s website.
- To listen to the archived audio file, visit our website http://www.dynagaspartners.com and click on Webcast under our Investor Relations page.
- Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.
Retrieved on:
Thursday, February 1, 2024
ATHENS, Greece, Feb. 01, 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 $0.71764025 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 November 22, 2023 to and including February 21, 2024 (the “Distribution Period”).
Key Points:
- ATHENS, Greece, Feb. 01, 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 $0.71764025 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 November 22, 2023 to and including February 21, 2024 (the “Distribution Period”).
- The applicable distribution rate for each distribution period is determined every three months by the calculation agent for the Series B Preferred Units.
- This is the twenty-first sequential cash distribution on the Series B Preferred Units since they began trading on the NYSE.
- The Partnership has 2,200,000 Series B Preferred Units outstanding as of the date of this press release.
ATHENS, Greece, Jan. 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 November 12, 2023 to February 11, 2024.
Key Points:
- ATHENS, Greece, Jan. 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 November 12, 2023 to February 11, 2024.
- The cash distribution is payable on February 12, 2024 to all preferred unit holders of record as of February 5, 2024.
- This is the thirty-fourth sequential cash distribution on the Series A Preferred Units since they began trading on the NYSE.
- The Partnership has 3,000,000 Series A Preferred Units outstanding as of the date of this press release.
Retrieved on:
Thursday, December 7, 2023
Partnership,
QWERTY,
International,
PDF,
Amur,
ID,
Series,
Webcast,
GAAP,
Natural gas,
Cryptocurrency The Partnership’s vessels operated at 99.8% fleet utilization during the three-month period ended September 30, 2023.
Key Points:
- The Partnership’s vessels operated at 99.8% fleet utilization during the three-month period ended September 30, 2023.
- Adjusted EBITDA (a non- GAAP financial measure) for the three months ended September 30, 2023 was $20.4 million, as compared to $20.0 million for the corresponding period of 2022.
- (NYSE: “DLNG”) is a master limited partnership which owns and operates liquefied natural gas (LNG) carriers employed on multi-year charters.
- The Partnership’s current fleet consists of six LNG carriers, with an aggregate carrying capacity of approximately 914,000 cubic meters.
The next day, Friday, December 8, 2023 at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the earnings results.
Key Points:
- The next day, Friday, December 8, 2023 at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the earnings results.
- Audio Webcast - Slides Presentation:
There will be a live and then archived webcast of the conference call and accompanying slides, available on the Company’s website.
- To listen to the archived audio file, visit our website http://www.dynagaspartners.com and click on Webcast under our Investor Relations page.
- Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.
ATHENS, Greece, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”), an owner and operator of liquefied natural gas carriers, conducted its Annual Meeting of Limited Partners on November 30, 2023, in Athens, Greece.
Key Points:
- ATHENS, Greece, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”), an owner and operator of liquefied natural gas carriers, conducted its Annual Meeting of Limited Partners on November 30, 2023, in Athens, Greece.
- The following resolutions were approved:
To elect Dimitris Anagnostopoulos as a Class III Director to serve for a three-year term until the 2026 Annual Meeting of Limited Partners; and
To ratify the appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the Partnership’s independent auditors for the fiscal year ending December 31, 2023.
ATHENS, Greece, Nov. 03, 2023 (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 $0.546875 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 August 22, 2023 to November 21, 2023.
Key Points:
- ATHENS, Greece, Nov. 03, 2023 (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 $0.546875 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 August 22, 2023 to November 21, 2023.
- The cash distribution is payable on November 22, 2023 to all preferred unit holders of record as of November 15, 2023.
- This is the twentieth sequential cash distribution on the Series B Preferred Units since they began trading on the NYSE.
- The Partnership has 2,200,000 Series B Preferred Units outstanding as of the date of this press release.
ATHENS, Greece, Nov. 03, 2023 (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 August 12, 2023 to November 11, 2023 (the “Distribution”).
Key Points:
- ATHENS, Greece, Nov. 03, 2023 (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 August 12, 2023 to November 11, 2023 (the “Distribution”).
- This is the thirty-third sequential cash distribution on the Series A Preferred Units since they began trading on the New York Stock Exchange (the “NYSE”).
- Series A Preferred Units that traded on the NYSE on November 3, 2023 have “due-bills” attached, carrying the right to receive the Distribution.
- The due-bill obligations would be settled customarily between the brokers representing buyers and sellers of Series A Preferred Units.
