Dynagas LNG Partners Series B 8.75% Fixed to Floating Rate Cumulative Redeemable Perpetual Units
By: Tim McPartland,
Date Issued 10/16/2018
Shares Issued 2,200,000 Overallotment Shares 330,000
S&P Rating NR Moodys Rating NR
Security Ticker Symbol DLNG-B OTC Temporary Ticker DGAGF
Market Traded ON NYSE
Dividend Payment Paid on the 22th of February, May, August and November beginning on 02/22/2019
Quarterly Dividend .547 Annual Dividend 2.188
Securities may be redeemed, at the issuers option, as early as 11/22/2023 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will Likely be a Qualified Distribution
Maturity Date None
NOTE that Dynagas LNG Partners is a ‘1099’ partnership and thus this issue will not generate a K-1.
Company Investor Relations Page for Dynagas LNG Partners
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