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 Feb 12, 2026–May 11, 2026. The distribution is payable May 12, 2026 to holders of record as of May 5, 2026. Distributions are paid quarterly in arrears on the 12th of Feb/May/Aug/Nov when declared. This marks the 43rd consecutive cash distribution on the Series A preferred units. The Partnership has 3,000,000 Series A preferred units outstanding as of the date of the announcement.
Positive
- Declared distribution of $0.5625 per Series A preferred unit
- Payment date set for May 12, 2026 with record date May 5, 2026
- 3,000,000 units outstanding, implying total cash distribution of $1,687,500
Negative
- None.
News Market Reaction – DLNG
In the Apr 24 session, DLNG declined 1.01%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 09 | Annual report filing | Neutral | +1.0% | Filed Form 20-F annual report with audited 2025 financials. |
| Mar 13 | Earnings results | Positive | -3.6% | Reported 2025 results with strong net income and high fleet utilization. |
| Mar 09 | Earnings date set | Neutral | -4.4% | Announced date and materials for Q4 and full-year 2025 results release. |
| Feb 11 | Common unit distribution | Positive | +1.1% | Declared $0.050 per common unit distribution with set record and pay dates. |
| Jan 22 | Preferred distribution | Positive | -1.2% | Declared $0.5625 Series A preferred distribution and noted 42nd sequential payout. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Routine filings and distribution announcements have generally produced modest price moves, with occasional divergences around earnings and preferred distributions.
Over the last few months, Dynagas LNG Partners has focused on routine disclosures and capital returns. It filed its Form 20-F for 2025, reported full-year results with strong operational metrics, and announced both common and Series A preferred distributions. A prior Series A preferred distribution on Jan 22, 2026 marked the 42nd sequential payout with 3,000,000 units outstanding. Today’s announcement extends that pattern of consistent preferred cash distributions alongside steady financial reporting.
Key Terms
cumulative redeemable perpetual preferred units financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATHENS, Greece, April 23, 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 May 12, 2026 to all preferred unit holders of record as of May 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-third 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.
