Recent Updates — DLNG
The Board of Directors declared a cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units for the period from August 12, 2026 to November 11, 2026. The payment is scheduled for November 12, 2026, to holders of record as of November 4, 2026. This marks the forty-fourth sequential quarterly distribution since the units began trading on the NYSE. Dynagas LNG Partners LP operates a fleet of liquefied natural gas carriers employed on multi-year charters.
Dynagas LNG Partners LP has issued a notice to redeem 2,000,000 of its 3,000,000 outstanding 9.00% Series A Cumulative Redeemable Preferred Units at $25.00 per unit in cash on November 12, 2026. The redemption price includes no accumulated unpaid distributions as the date aligns with a distribution payment date. Following this partial redemption, 1,000,000 Series A units will remain outstanding. Dynagas LNG Partners LP is a master limited partnership that owns liquefied natural gas carriers employed on multi-year charters.
Dynagas LNG Partners LP filed a Form 6-K incorporating its unaudited interim consolidated financial statements and management discussion for the six months ended June 30, 2026. The company reported net income of $33.4 million, up from $27.3 million in the prior year period, driven by higher voyage revenues of $81.1 million and reduced interest costs. Adjusted EBITDA was $51.9 million. The filing details cash distributions paid during the quarter: $0.050 per common unit for Q2 2026 (paid August 28) and $0.5625 per Series A Preferred Unit for the May–August period (paid August 12). The company also disclosed a $10 million common unit repurchase program authorized in November 2025, under which no units were repurchased in H1 2026. Dynagas operates in the liquefied natural gas shipping industry, owning and operating LNG carriers.
Dynagas LNG Partners LP reported net income of $33.4 million ($0.82 per common unit) and adjusted EBITDA of $51.9 million for the six months ended June 30, 2026. For the quarter ended June 30, 2026, net income was $16.0 million ($0.39 per unit), with voyage revenues increasing 6.7% to $41.2 million due to improved charter rates for the Clean Energy and higher EU ETS allowance values. The company declared a quarterly cash distribution of $0.050 per common unit for Q2 2026, payable on August 28, 2026, with a record date of August 24, 2026. It also paid $0.5625 per Series A Preferred Unit for the period ending May 11, 2026. Dynagas LNG Partners LP operates in the energy transportation industry, owning and operating liquefied natural gas carriers under multi-year charters.
Dynagas LNG Partners LP declared a $0.5625 per unit cash distribution on its Series A Cumulative Redeemable Perpetual Preferred Units for the period from May 12, 2026, to August 11, 2026. The distribution is payable on August 12, 2026, to holders of record as of August 5, 2026. Dynagas LNG Partners LP is a master limited partnership that owns and operates liquefied natural gas (LNG) carriers.
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