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Dynagas LNG Partners LP (NASDAQ:DLNG) declared a quarterly dividend on Friday, January 31st, American Banking & Market News reports. Shareholders of record on Monday, February 10th will be given a dividend of 0.1746 per share on Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a yield of 3.27%.

DLNG has been the subject of a number of recent research reports. Analysts at Barclays initiated coverage on shares of Dynagas LNG Partners LP in a research note to investors on Monday, December 9th. They set an “overweight” rating on the stock. On the ratings front, analysts at Morgan Stanley initiated coverage on shares of Dynagas LNG Partners LP in a research note to investors on Monday, December 9th. They set an “equal weight” rating and a $21.50 price target on the stock. Finally, analysts at Bank of America Corp. initiated coverage on shares of Dynagas LNG Partners LP in a research note to investors on Monday, December 9th. They set a “buy” rating and a $24.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $21.83.

Shares of Dynagas LNG Partners LP (NASDAQ:DLNG) traded down 0.28% during mid-day trading on Friday, hitting $21.38. The stock had a trading volume of 15,361 shares. Dynagas LNG Partners LP has a 1-year low of $16.75 and a 1-year high of $23.79. The stock’s 50-day moving average is $21. and its 200-day moving average is $20.36. The company has a market cap of $465.0 million and a price-to-earnings ratio of 10.74.

Dynagas LNG Partners LP (NASDAQ:DLNG) last issued its quarterly earnings data on Thursday, December 12th. The company reported $0.40 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.38 by $0.02. The company had revenue of $21.56 million for the quarter, compared to the consensus estimate of $21.44 million. On average, analysts predict that Dynagas LNG Partners LP will post $1.49 earnings per share for the current fiscal year.

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