{"id":515896,"date":"2021-07-21T16:08:14","date_gmt":"2021-07-21T20:08:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/"},"modified":"2021-07-21T16:08:14","modified_gmt":"2021-07-21T20:08:14","slug":"dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/","title":{"rendered":"Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">ATHENS, Greece, July  21, 2021  (GLOBE NEWSWIRE) &#8212; Dynagas LNG Partners LP (the \u201cPartnership\u201d) (NYSE: \u201cDLNG\u201d), 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 \u201cSeries A Preferred Units\u201d) (NYSE: DLNG PR A) for the period from May 12, 2021 to August 11, 2021.<\/p>\n<p align=\"justify\">The cash distribution is payable on August 12, 2021 to all preferred unit holders of record as of August 5, 2021.<\/p>\n<p align=\"justify\">Distributions on the Series A Preferred Units will be payable quarterly in arrears on the 12<sup>th<\/sup> day (unless the 12<sup>th<\/sup> 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 twenty-fourth sequential cash distribution on the Series A Preferred Units since they began trading on the NYSE.<\/p>\n<p align=\"justify\">The Partnership has 3,000,000 Series A Preferred Units outstanding as of the date of this press release.<\/p>\n<p>\n        <strong>About Dynagas LNG Partners LP<br \/><\/strong>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\u2019s current fleet consists of six LNG carriers, with aggregate carrying capacity of approximately 914,000 cubic meters.<\/p>\n<p>Visit the Partnership\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tlFv-WcxDe0oF6WVmyjJlV_AJX4aTf43B0VOrXLF8wPpVUcYsIxZ1KOWiGtdj0ciPwIW2VSTr0h3vYTRrpQqO5zr3YBwL8iufop7SvKsn_o=\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.dynagaspartners.com<\/u><\/a>\u00a0\u00a0<\/p>\n<p>\n        <strong>Contact Information:<\/strong><br \/>\n        <br \/>\n        <em>Dynagas LNG Partners LP<\/em><br \/>\n        <br \/>Attention: Michael Gregos <br \/>Tel. +30 210 8917960<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ifb0b0Hqs-ZKJbHTBuH23AeYdhScOpEZHTfOw9AIU5rB8F_CrMuUBe_1D9UZK4JqnlChQgr40nBu0QwHmntxzDtOwh19hEFf4WWYduMoDOuopqaY9fY0NOWbgqftIdbW\" rel=\"nofollow noopener\" target=\"_blank\">management@dynagaspartners.com<\/a> \u00a0<\/p>\n<p>\n        <em>Investor Relations\/ Financial Media:<\/em><br \/>\n        <br \/>Nicolas Bornozis\/Markella Kara <br \/>Capital Link, Inc. <br \/>230 Park Avenue, Suite 1536 <br \/>New York, NY 10169 <br \/>Tel. (212) 661-7566 <br \/>E-mail: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kfJCPQqReQnUw9SSVrVbN8H01Kf9DZ0m6Elcd6QQmnMlwVeIrT42l57Ws8Zt05P3-qnUMlBS8998fFTLf1xNg9NkFKu3eqTzVzVlx3WpytE=\" rel=\"nofollow noopener\" target=\"_blank\">dynagas@capitallink.com<\/a>\u00a0<\/p>\n<p>\n        <strong>Forward-Looking Statements<br \/><\/strong>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.<\/p>\n<p align=\"justify\">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 \u201cbelieve,\u201d \u201canticipate,\u201d \u201cintends,\u201d \u201cestimate,\u201d \u201cforecast,\u201d \u201cproject,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cexpected,\u201d \u201cpending\u201d and similar expressions identify forward-looking statements.<\/p>\n<p align=\"justify\">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\u2019s 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\u2019s control, the Partnership cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.<\/p>\n<p align=\"justify\">In addition to these important factors, other important factors that, in the Partnership\u2019s 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\u2019s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Partnership\u2019s 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.<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDQwNCM0MzA4MjU3IzUwMDAzMTI5OA==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/44d5702b-6f37-4962-85f9-698d21f76e8b\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATHENS, Greece, July 21, 2021 (GLOBE NEWSWIRE) &#8212; Dynagas LNG Partners LP (the \u201cPartnership\u201d) (NYSE: \u201cDLNG\u201d), 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 \u201cSeries A Preferred Units\u201d) (NYSE: DLNG PR A) for the period from May 12, 2021 to August 11, 2021. The cash distribution is payable on August 12, 2021 to all preferred unit holders of record as of August 5, 2021. 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-515896","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATHENS, Greece, July 21, 2021 (GLOBE NEWSWIRE) &#8212; Dynagas LNG Partners LP (the \u201cPartnership\u201d) (NYSE: \u201cDLNG\u201d), 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 \u201cSeries A Preferred Units\u201d) (NYSE: DLNG PR A) for the period from May 12, 2021 to August 11, 2021. The cash distribution is payable on August 12, 2021 to all preferred unit holders of record as of August 5, 2021. 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 &hellip; Continue reading &quot;Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-21T20:08:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDQwNCM0MzA4MjU3IzUwMDAzMTI5OA==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units\",\"datePublished\":\"2021-07-21T20:08:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\\\/\"},\"wordCount\":686,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODI4NDQwNCM0MzA4MjU3IzUwMDAzMTI5OA==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\\\/\",\"name\":\"Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units - 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The cash distribution is payable on August 12, 2021 to all preferred unit holders of record as of August 5, 2021. 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 &hellip; Continue reading \"Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-21T20:08:14+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDQwNCM0MzA4MjU3IzUwMDAzMTI5OA==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units","datePublished":"2021-07-21T20:08:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/"},"wordCount":686,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDQwNCM0MzA4MjU3IzUwMDAzMTI5OA==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/dynagas-lng-partners-lp-declares-cash-distribution-on-its-series-a-preferred-units-2\/","name":"Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units - 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