Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units
Rhea-AI Summary
Dynagas LNG Partners (NYSE: DLNG) declared a cash distribution of $0.5625 per Series A preferred unit for the period Nov 12, 2025–Feb 11, 2026. The distribution is payable on Feb 12, 2026 to holders of record as of Feb 5, 2026. Distributions on the Series A preferred units are payable quarterly in arrears on the 12th of Feb, May, Aug and Nov (shifted to the next business day if the 12th is a weekend/holiday) when declared by the board. This marks the 42nd sequential cash distribution on the Series A preferred units. The Partnership has 3,000,000 Series A preferred units outstanding as of the date of this announcement.
Positive
- $0.5625 distribution per Series A preferred unit
- Payable on Feb 12, 2026 to holders of record Feb 5, 2026
- 42nd consecutive cash distribution on Series A preferred units
- 3,000,000 Series A preferred units outstanding
Negative
- Distribution implies a cash payout of $1,687,500 against partnership resources
Key Figures
Market Reality Check
Peers on Argus
DLNG units were up 3.6% while peers showed mixed moves: IMPP (-1.89%), MMLP (-4.01%), KNOP (+2.09%), SMC (+2.99%), TEN (+0.71%). This pattern points to a DLNG-specific reaction rather than a broad midstream move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 10 | Buyback authorization | Positive | +0.3% | New $10M common unit repurchase program replacing prior authorization. |
| Nov 26 | Annual meeting results | Neutral | -3.2% | Re-election of director and auditor ratification at 2025 annual meeting. |
| Nov 20 | Earnings release | Positive | +6.5% | Strong Q3 and nine-month 2025 profits with high utilization and backlog. |
| Nov 12 | Earnings date notice | Neutral | -0.6% | Announcement of Q3 and nine‑month results release date and format. |
| Oct 30 | Common distribution | Positive | +2.0% | Quarterly $0.050 per common unit cash distribution declaration. |
Recent news tied to capital returns and strong results generally saw price gains, while routine governance or scheduling updates sometimes coincided with modest declines.
Over the last few months, Dynagas LNG Partners reported solid Q3 2025 results with high utilization and a notable contracted backlog, which coincided with a positive price move. The partnership also maintained regular cash distributions on both common and preferred units and launched a new $10 million common unit repurchase program. Governance items from the 2025 annual meeting and an earnings release scheduling notice were more routine and saw mixed price reactions. Today’s preferred distribution continues the established income-return pattern.
Market Pulse Summary
This announcement confirms another quarterly $0.5625 cash distribution on Dynagas LNG Partners’ Series A preferred units, marking the 42nd sequential payout on 3,000,000 outstanding units. It reinforces the partnership’s track record of regular income to preferred holders alongside earlier common-unit distributions and buyback authorization. Investors may track ongoing fleet performance, contracted backlog, and future capital allocation decisions to assess how this stable preferred stream fits within the broader risk–return profile of the capital structure.
Key Terms
cumulative redeemable perpetual preferred units financial
payable quarterly in arrears financial
record financial
AI-generated analysis. Not financial advice.
ATHENS, Greece, Jan. 22, 2026 (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
The cash distribution is payable on February 12, 2026 to all preferred unit holders of record as of February 5, 2026.
Distributions on the Series A Preferred Units will be payable quarterly in arrears on the 12th day (unless the 12th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of February, May, August and November of each year, when, as and if declared by our Board of Directors. This is the forty-second 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.
About Dynagas LNG Partners LP
Dynagas LNG Partners LP. (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 aggregate carrying capacity of approximately 914,000 cubic meters. Visit the Partnership’s website at www.dynagaspartners.com
Contact Information:
Dynagas LNG Partners LP
Attention: Michael Gregos
Tel. +30 210 8917960
Email: management@dynagaspartners.com
Investor Relations/ Financial Media:
Nicolas Bornozis/Markella Kara
Capital Link, Inc.
230 Park Avenue, Suite 1540
New York, NY 10169
Tel. (212) 661-7566
E-mail: dynagas@capitallink.com
Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
The Partnership desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “expected,” “pending” and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, examination by the Partnership’s management of historical operating trends, data contained in its records and other data available from third parties. Although the Partnership believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the Partnership’s control, the Partnership cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.
In addition to these important factors, other important factors that, in the Partnership’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for Liquefied Natural Gas (LNG) shipping capacity, changes in the Partnership’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Partnership’s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors. Please see our filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Partnership disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.
FAQ
How much is Dynagas LNG Partners (DLNG) paying per Series A preferred unit for Feb 2026?
When will DLNG Series A preferred unit holders receive the Feb 2026 distribution?
How often are DLNG Series A preferred unit distributions paid and on what schedule?
How many DLNG Series A preferred units are outstanding as of Jan 22, 2026?
What is the sequence count of DLNG's Series A preferred unit distributions?
