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ATHENS, Greece, Sept. 11, 2023 (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 second quarter and six months ended June 30, 2023, after market closes in New York on Thursday, September 14, 2023.
A cyclical trading pattern exists in the Series A Preferred units of Dynagas that allows investors to realize over 30% annual returns. Investors have an opportunity to sell their yield-producing assets for a premium before each ex-dividend date. Buying and selling criteria is provided to ensure a high-risk versus reward trade-off.
Distributions for the Dynagas common units have been suspended since 2019 due to covenants with the partnership's lenders. The partnership has diligently worked to secure long-term contacts and to pay down the $675 million credit facility that restricts distributions to common unitholders. I will evaluate the ability to reinstate the distribution to the common unitholders. This will be weighed against the opportunity to purchase new vessels and grow the partnership.
ATHENS, Greece, June 12, 2023 (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 first quarter ended March 31, 2023, after market closes in New York on Tuesday, June 20, 2023.
Dynagas LNG Partners owns six LNG vessels, chartered to three different counterparties. Although two of the vessels have been chartered to a Russia-focused LNG operation, the partnership is not subject to sanctions.
Dynagas LNG Partners LP (NYSE:DLNG ) Q4 2022 Earnings Conference Call March 17, 2023 10:00 AM ET Company Participants Tony Lauritzen - Chief Executive Officer Michael Gregos - Chief Financial Officer Conference Call Participants Ben Nolan - Stifel Operator Thank you for standing by ladies and gentlemen, and welcome to the Dynagas LNG Partners Conference Call on the Fourth Quarter 2022 Financial Results. With us today we have Mr.
ATHENS, Greece, March 10, 2023 (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, 2022, before market opens in New York on Friday, March 17, 2023.
Here is how Dynagas LNG (DLNG) and Herc Holdings (HRI) have performed compared to their sector so far this year.
The series A and series B preferred shares have been seeing consistent payouts (par 9% and 8.75%, respectively) since February 2016, despite the common unit's dividend being cut in 2019. The upcoming increase to shipping rates announced for Arctic Aurora provides further security that these payouts will keep flowing into shareholder's pockets.
Here is how Dynagas LNG (DLNG) and Herc Holdings (HRI) have performed compared to their sector so far this year.