April 18, 2018 / 12:35 PM / 8 months ago

BRIEF-Dynagas LNG Partners LP Announces Reduction In Quarterly Distribution To $0.25 Per Common Unit

April 18 (Reuters) - Dynagas LNG Partners LP:

* DYNAGAS LNG PARTNERS LP ANNOUNCES REDUCTION IN QUARTERLY DISTRIBUTION TO $0.25 PER COMMON UNIT

* DYNAGAS LNG PARTNERS - BOARD APPROVED PLAN TO REDUCE QTRLY DISTRIBUTION ON PARTNERSHIP’S COMMON UNITS TO $0.25/COMMON UNIT FROM $0.4225/COMMON UNIT

* DYNAGAS LNG PARTNERS LP - NEW DISTRIBUTION LEVEL IS EXPECTED TO PROVIDE PARTNERSHIP WITH APPROXIMATELY $24.5 MILLION IN ANNUAL CASH SAVINGS Source text for Eikon: Further company coverage:

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