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Stock impact report

Dynagas LNG Partners LP Declares Cash Distribution on Its Series B Preferred Units

Dynagas LNG Partners LP Common Units (DLNG) 
Last dynagas lng partners lp common units earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: dynagaspartners.com
Company Research Source: GlobeNewswire
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”). The applicable distribution rate for each distribution period is determined every three months by the calculation agent for the Series B Preferred Units. The distribution rate for the Distribution Period was 11.17654% (which is the sum of the applicable Credit Adjusted Three-Month CME Term SOFR of 5.58354% plus a spread of 5.593%). The cash distribution is payable on May 22, 2024, to all Series B Preferred Unitholders of record as of the close of business on May 15, 2 Show less Read more
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