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Dynagas LNG Partners declares cash distribution

Published by , Senior Editor
LNG Industry,

LNG carrier owner and operator, Dynagas LNG Partners LP, has announced that its board of directors has declared a cash distribution of US$0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units for the period from 12 August 2016 to 11 November 2016.

The cash distribution is payable on or about 12 November 2016 to all preferred unit holders of record as of 5 November 2016.

Distributions on the Series A Preferred Units will be payable quarterly in arrears on the 12th day of February, May, August and November of each year, when, as and if declared by the company’s board of directors. This is the fifth cash distribution on the Series A Preferred Units since they began trading on the NYSE.

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