Dynagas LNG Partners ( DLNG) stock has been declined lately after cut of the quarterly cash distribution to the shareholders of company’s common stock. Now, after significant sell-off and lost of close to 70% of market value, there might “be light at the end of the tunnel” for Dynagas stock.
Latest news:
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 $0.7231 per unit on its Series B Fixed to Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Series B Preferred Units”) (NYSE:DLNG PR B) for the period from and including October 23, 2018 to, but excluding, February 22, 2019.
A bit about Dynagas LNG Partners LP fleet:
