Dynagas LNG Partners LP Declares $0.049 Per Unit Cash Distribution
Ticker: DLNG-PA · Form: 6-K · Filed: Feb 11, 2025 · CIK: 1578453
| Field | Detail |
|---|---|
| Company | Dynagas Lng Partners LP (DLNG-PA) |
| Form Type | 6-K |
| Filed Date | Feb 11, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.049 |
| Sentiment | neutral |
Sentiment: neutral
Topics: distribution, financials, lng
Related Tickers: DLNG
TL;DR
DLNG declared $0.049 cash distribution for Q4 2024.
AI Summary
Dynagas LNG Partners LP announced on February 10, 2025, a cash distribution of $0.049 per unit for the quarter ended December 31, 2024. This information is being filed as part of a Form 6-K report with the SEC. The partnership is incorporated in Greece and its principal executive offices are located in Glyfada, Athens.
Why It Matters
This announcement directly impacts unitholders by detailing the cash payout for the recent quarter, providing clarity on the partnership's financial performance and distribution policy.
Risk Assessment
Risk Level: low — This filing is a routine announcement of a cash distribution and does not contain significant new risks.
Key Numbers
- $0.049 — Cash Distribution Per Unit (For the quarter ended December 31, 2024)
Key Players & Entities
- Dynagas LNG Partners LP (company) — Registrant
- $0.049 (dollar_amount) — Cash distribution per unit
- December 31, 2024 (date) — Quarter end date for distribution
- February 10, 2025 (date) — Date of press release
FAQ
What is the amount of the cash distribution for the quarter ended December 31, 2024?
The cash distribution for the quarter ended December 31, 2024, is $0.049 per unit.
When was the press release announcing this distribution issued?
The press release was issued on February 10, 2025.
What form is this filing?
This filing is a Form 6-K.
What is the principal executive office address of Dynagas LNG Partners LP?
The principal executive office is located at Poseidonos & Foivis 2, 16674 Glyfada, Athens, Greece.
Is Dynagas LNG Partners LP required to file annual reports on Form 20-F or 40-F?
Yes, Dynagas LNG Partners LP files annual reports under cover of Form 20-F.
Filing Stats: 815 words · 3 min read · ~3 pages · Grade level 15.6 · Accepted 2025-02-11 08:59:08
Key Financial Figures
- $0.049 — THE QUARTER ENDED DECEMBER 31, 2024 OF $0.049 PER UNIT. The information contained i
Filing Documents
- f21125dlng6k.htm (6-K) — 12KB
- f21125dlng6k002.gif (GRAPHIC) — 14618KB
- 0001317861-25-000008.txt ( ) — 20142KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: February 11, 2025 DYNAGAS LNG PARTNERS LP By: /s/ Tony Lauritzen Name: Tony Lauritzen Title: Chief Executive Officer Exhibit 99.1 DYNAGAS LNG PARTNERS LP ANNOUNCES CASH DISTRIBUTION FOR THE QUARTER ENDED DECEMBER 31, 2024 OF $0.049 PER UNIT ATHENS February 10, 2025 - 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 quarterly cash distribution with respect to the quarter ended December 31, 2024 of $0.049 per unit. The cash distribution is payable on or about February 27, 2025 to all unit holders of record as of February 24, 2025. About Dynagas LNG Partners LP Dynagas LNG Partners LP (NYSE: DLNG) is a master limited partnership which owns and operates LNG carriers employed on multi-year charters. The Partnerships current fleet consists of six LNG carriers, with aggregate carrying capacity of approximately 914,000 cubic meters. Visit the Partnerships website at www.dynagaspartners.com Contact Information: Dynagas LNG Partners LP Attention: Michael Gregos Tel. +30 210 8917960 Email: management@dynagaspartners.com Investor Relations/ Financial Media: Nicolas Bornozis/Markella Kara Capital Link, Inc. 230 Park Avenue, Suite 1540 New York, NY 10169 Tel. (212) 661-7566 E-mail: dynagas@capitallink.com
Forward-Looking Statements
Forward-Looking Statements 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. 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 believe, anticipate, intends, estimate, forecast, project, plan, potential, may, should, expect, expected, pending and similar expressions identify forward-looking statements. 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 Partnerships 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 Partnerships control, the Partnership cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. In addition to these important factors, other important factors that, in the Partnerships 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 va