Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) carriers. As of April 29, 2022, its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 914,100 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP. The company was incorporated in 2013 and is headquartered in Athens, Greece.
Dynagas LNG Partners Dividend Announcement
• Dynagas LNG Partners announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-12-12. Ex dividend date: 2024-12-09
• Dynagas LNG Partners annual dividend for 2024 was $0.05
• Dynagas LNG Partners's trailing twelve-month (TTM) dividend yield is -%
• Dynagas LNG Partners's payout ratio for the trailing twelve months (TTM) is 35.48%
Dynagas LNG Partners Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-09 | $0.05 | quarterly | 2024-12-12 |
2019-05-02 | $0.06 | quarterly | 2019-05-10 |
2019-02-06 | $0.06 | quarterly | 2019-02-14 |
2018-10-18 | $0.25 | quarterly | 2018-10-26 |
2018-07-11 | $0.25 | quarterly | 2018-07-19 |
2018-04-25 | $0.25 | quarterly | 2018-05-03 |
2018-01-10 | $0.42 | quarterly | 2018-01-18 |
2017-10-11 | $0.42 | quarterly | 2017-10-19 |
2017-07-07 | $0.42 | quarterly | 2017-07-18 |
2017-04-19 | $0.42 | quarterly | 2017-04-28 |
2017-01-09 | $0.42 | quarterly | 2017-01-19 |
2016-07-08 | $0.42 | quarterly | 2016-07-19 |
2016-05-03 | $0.42 | quarterly | 2016-05-12 |
2016-02-03 | $0.42 | quarterly | 2016-02-12 |
2015-11-03 | $0.42 | quarterly | 2015-11-12 |
2015-08-04 | $0.42 | quarterly | 2015-08-13 |
2015-05-01 | $0.42 | quarterly | 2015-05-12 |
2015-02-03 | $0.42 | quarterly | 2015-02-12 |
2014-11-03 | $0.39 | quarterly | 2014-11-12 |
2014-08-01 | $0.36 | quarterly | 2014-08-12 |
2014-05-01 | $0.36 | quarterly | 2014-05-12 |
2014-02-06 | $0.17 | quarterly | 2014-02-14 |
Dynagas LNG Partners Dividend per year
Dynagas LNG Partners Dividend growth
Dynagas LNG Partners Dividend Yield
Dynagas LNG Partners current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dynagas LNG Partners stock? Use our calculator to estimate your expected dividend yield:
Dynagas LNG Partners Financial Ratios
Dynagas LNG Partners Dividend FAQ
Other factors to consider when evaluating Dynagas LNG Partners as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Dynagas LNG Partners's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Dynagas LNG Partners publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Dynagas LNG Partners distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Dynagas LNG Partners are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Dynagas LNG Partners sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Dynagas LNG Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dynagas LNG Partners declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Dynagas LNG Partners's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Dynagas LNG Partners's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.