Dynagas LNG Partners is expected to retain its shareholder distribution with the potential of assistance from parent Dynagas helping it keep the investor payout stable during the next few years, analysts say.
US-listed Dynagas Partners secured a refinancing in the second quarter for which it announced a cash distribution of $0.4225 per common unit.
This has left it with debt amortization of around $5m per year through until 2023, allowing it to maintain its present distribution into at least 2019, says Ben Nolan of Stifel.
