On 8/3/16, 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 8/12/16. As a percentage of DLNG.PRA's recent share price of $24.87, this dividend works out to approximately 2.26%, so look for shares of DLNG.PRA to trade 2.26% lower - all else being equal - when DLNG.PRA shares open for trading on 8/3/16. On an annualized basis, the current yield is approximately 9.04%, which compares to an average yield of 8.45% in the "Energy" 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 :
According to the ETF Finder at ETF Channel, Dynagas LNG Partners LP (Symbol: DLNG) makes up 2.58% of the Guggenheim Shipping ETF ( SEA ) which is trading lower by about 2.4% on the day Monday.
In Monday trading, Dynagas LNG Partners LP's 9.00% Series A Cumulative Redeemable Preferred Units (Symbol: DLNG.PRA) is currently down about 0.1% on the day, while the common shares (Symbol: DLNG) are off about 3.1%.