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On 5/3/24, Dynagas LNG Partners LP's 9.00% Series A Cumulative Redeemable Preferred Units (Symbol: DLNG.PRA) will trade ex-dividend, for its quarterly dividend of $0.5625, payable on 5/13/24. As a percentage of DLNG.PRA's recent share price of $25.94, this dividend works out to approximately 2.17%, so look for shares of DLNG.PRA to trade 2.17% lower — all else being equal — when DLNG.PRA shares open for trading on 5/3/24. On an annualized basis, the current yield is approximately 8.71%, which compares to an average yield of 5.66% in the "Oil & Gas Equipment & Services" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of DLNG.PRA shares, versus DLNG:

Below is a dividend history chart for DLNG.PRA, showing historical dividends prior to the most recent $0.5625 on Dynagas LNG Partners LP's 9.00% Series A Cumulative Redeemable Preferred Units :

In Wednesday trading, Dynagas LNG Partners LP's 9.00% Series A Cumulative Redeemable Preferred Units (Symbol: DLNG.PRA) is currently up about 0.4% on the day, while the common shares (Symbol: DLNG) are down about 3.7%.

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