DLNG / Dynagas LNG: The 8.75% And 9% Preferred Shares Remain Very Attractive

Dynagas LNG Partners LP (NYSE:DLNG ) Q2 2023 Earnings Conference Call September 15, 2023 10:00 AM ET Company Participants Tony Lauritzen - Chief Execu more_horizontal

A cyclical trading pattern exists in the Series A Preferred units of Dynagas that allows investors to realize over 30% annual returns. Investors have more_horizontal

Distributions for the Dynagas common units have been suspended since 2019 due to covenants with the partnership's lenders. The partnership has diligen more_horizontal

Dynagas LNG Partners owns six LNG vessels, chartered to three different counterparties. Although two of the vessels have been chartered to a Russia-fo more_horizontal

Here is how Dynagas LNG (DLNG) and Herc Holdings (HRI) have performed compared to their sector so far this year. more_horizontal

The series A and series B preferred shares have been seeing consistent payouts (par 9% and 8.75%, respectively) since February 2016, despite the commo more_horizontal

Dynagas (DLNG) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonab more_horizontal

Dynagas LNG Partners owns six LNG vessels, employed under long-term charters. The third quarter was pretty light due to the dry-docking of two vessels more_horizontal