Dynagas LNG Partners won't be cutting common shareholders any dividends any time soon.
After whittling down its dividends from $0.4225 to $0.0625 over the last two years — and getting sued for it — the New York-traded gas carrier owner will axe, completely, dividends as part of the "transformative" $675m refinancing announced earlier this month.
The company said it will instead focus on building value for common holders.
