Dynagas LNG Partners LP
DLNGEnergy · Oil & Gas Midstream · Stock · quarterly payer
Forward Yield
6.06%
Annual Dividend
$0.20
Payout Ratio
12%
5-Yr Growth
—
Ex-Date
Aug 24, 2026
Frequency
Quarterly
Key facts about DLNG's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Dynagas LNG Partners LP (DLNG) has a forward dividend yield of 6.06%, based on an annual dividend of $0.20 per share and a share price of $3.30.
- As of Oct 18, 2026, DLNG's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
- DLNG last cut its regular dividend in 2025.
- DLNG's most recent ex-dividend date was Aug 24, 2026, for a dividend of $0.0500 per share.
- As of Oct 18, 2026, DLNG pays out 12% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Oct 18, 2026, DLNG's 6.06% yield is 210% above its five-year average yield of 1.95%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for DLNG is $3.22 per share, 2% below the $3.30 share price, so DLNG screens as fairly valued.
- Dynagas LNG Partners LP (DLNG) pays its dividend quarterly, 4 times a year.
- Dynagas LNG Partners LP (DLNG) has raised its regular dividend 5 times and cut it 2 times across the 27 payments on record since 2014. Its most recent change was a 2.0% increase to $0.0500 per share, going ex-dividend on Feb 23, 2026. The last cut went ex-dividend on Feb 6, 2019.
Cite this page
SmarterDividends, "DLNG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/DLNG
Summary
As of Oct 18, 2026, Dynagas LNG Partners LP (DLNG) yields 6.06% ($0.20 a year per share) and has a dividend safety grade of C (53/100).
Is DLNG a good dividend stock?
MixedDynagas LNG Partners LP (DLNG) pays a quarterly dividend yielding 6.06% ($0.20/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (12%)
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 6.06%
- Payout Ratio
- 12%
- Annual Dividend
- $0.20
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 24, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.54
- Market Cap
- $120.1M
- P/E Ratio
- 2.0
- 5-Yr Total Return
- 10%
- 52-Week Range
- $3.27 – $4.45
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2025)
DLNG dividend raises and cuts
Dynagas LNG Partners LP (DLNG) has raised its regular dividend 5 times and cut it 2 times across the 27 payments on record since 2014. Its most recent change was a 2.0% increase to $0.0500 per share, going ex-dividend on Feb 23, 2026. The last cut went ex-dividend on Feb 6, 2019.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 23, 2026 | Raise | $0.0490 → $0.0500 | +2.0% |
| Feb 6, 2019 | Cut | $0.250 → $0.0630 | −74.8% |
| Apr 25, 2018 | Cut | $0.423 → $0.250 | −40.9% |
| Aug 4, 2015 | Raise | $0.422 → $0.423 | +0.2% |
| Feb 3, 2015 | Raise | $0.390 → $0.422 | +8.2% |
| Nov 3, 2014 | Raise | $0.365 → $0.390 | +6.8% |
| May 1, 2014 | Raise | $0.175 → $0.365 | +108.6% |
Frequently Asked Questions
Is DLNG a good dividend stock?
Mixed. Dynagas LNG Partners LP (DLNG) pays a quarterly dividend yielding 6.06% ($0.20/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is DLNG undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DLNG's fair value is about $3.22 versus a $3.30 share price — so it looks fairly valued (-2% vs. fair value).
Is DLNG's dividend safe?
DLNG has a dividend-safety grade of C (53/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is DLNG's fair value?
Our blended fair-value estimate for DLNG is about $3.22 per share, about 2% below the current $3.30 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DLNG a buy, hold, or sell?
We don't issue formal ratings, but on the data DLNG screens as "mixed" and fairly valued. Dynagas LNG Partners LP (DLNG) pays a quarterly dividend yielding 6.06% ($0.20/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will DLNG cut its dividend?
DLNG earns a dividend-safety grade of C (53/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DLNG pay a dividend?
Yes. Dynagas LNG Partners LP pays a quarterly dividend of about $0.20 per share annually, a forward yield of roughly 6.06%.
What is DLNG's dividend yield?
As of Oct 18, 2026, DLNG's forward dividend yield is 6.06%, based on a $0.20 annual dividend and a $3.30 share price.
What is DLNG's dividend per share?
As of Oct 18, 2026, DLNG pays $0.20 per share per year, distributed on a quarterly basis.
What is DLNG's dividend payout ratio?
As of Oct 18, 2026, DLNG's payout ratio is 12% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has DLNG grown its dividend?
DLNG does not currently have a long dividend-growth streak on record.
When is the next DLNG ex-dividend date?
As of Oct 18, 2026, DLNG's next ex-dividend date hasn't been announced. The most recent was Aug 24, 2026, for $0.0500 per share.
DLNG Price — Last 12 Months
Daily close
Price Return
1 Year
-8%
3 Years
+26%
5 Years
+10%
52-Week Range
$3.27 – $4.45
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DLNG worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Dynagas LNG Partners LP is $3.22 per share, versus a market price of $3.30. That implies the stock is roughly fairly priced.
Fair Value
$3.22
Current Price
$3.30
Gap
-2%
Margin of Safety
-2%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $1.69 EPS, $0.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DLNG Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full DLNG dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 24, 2026 | Aug 28, 2026 | $0.0500 | regular |
| May 18, 2026 | May 22, 2026 | $0.0500 | regular |
| Feb 23, 2026 | Feb 27, 2026 | $0.0500 | regular |
| May 19, 2025 | May 23, 2025 | $0.0490 | regular |
| Feb 24, 2025 | Feb 27, 2025 | $0.0490 | regular |
| Dec 9, 2024 | Dec 12, 2024 | $0.0490 | regular |
| May 2, 2019 | May 10, 2019 | $0.0630 | regular |
| Feb 6, 2019 | Feb 14, 2019 | $0.0630 | regular |
| Oct 18, 2018 | Oct 26, 2018 | $0.2500 | regular |
| Jul 11, 2018 | Jul 19, 2018 | $0.2500 | regular |
| Apr 25, 2018 | May 3, 2018 | $0.2500 | regular |
| Jan 10, 2018 | Jan 18, 2018 | $0.4230 | regular |
| Oct 11, 2017 | Oct 19, 2017 | $0.4230 | regular |
| Jul 7, 2017 | Jul 18, 2017 | $0.4230 | regular |
Income Calculator
At $0.20 / yr per share
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