SOURCE: Dynagas LNG Partners LP

Dynagas LNG Partners LP

October 04, 2016 09:10 ET

Dynagas LNG Partners LP Announces Cash Distribution for the Quarter Ended September 30, 2016 of $0.4225 per Common and Subordinated Unit

MONACO--(Marketwired - Oct 4, 2016) - 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 September 30, 2016 of $0.4225 per unit. The cash distribution is payable on or about October 18, 2016 to all unit holders of record as of October 11, 2016.

About Dynagas LNG Partners LP

Dynagas LNG Partners LP. (NYSE: DLNG) is a growth-oriented master limited partnership formed by Dynagas Holding Ltd., its sponsor, to own and operate liquefied natural gas (LNG) carriers employed on multi-year charters. The current fleet of Dynagas Partners consists of six LNG carriers, with an aggregate carrying capacity of approximately 913,980 cubic meters.

Visit the Partnership's website at www.dynagaspartners.com

Forward-Looking Statements
The statements in this press release that are not historical facts may be forward-looking statements. The forward-looking statements in this press release are based upon various assumptions. 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 Partnership's control, the Partnership cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. In addition, there are important factors that could cause actual results to differ materially from those discussed in the forward-looking statements. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these risks, uncertainties, and other important factors. The information set forth herein speaks only as of the date hereof, and the Partnership disclaims any intention or obligation to update any forward-looking statements.

Contact Information

  • Contact Information:
    Dynagas LNG Partners LP
    23, Rue Basse, 98000 Monaco
    Attention: Michael Gregos
    Tel. +37799996445
    Email: management@dynagaspartners.com

    Investor Relations/ Financial Media:
    Nicolas Bornozis
    President Capital Link, Inc.
    230 Park Avenue, Suite 1536
    New York, NY 10169
    Tel. (212) 661-7566
    E-mail: dynagas@capitallink.com