Dorian LPG Announces Irregular Dividend of $1.25 Per Share

Dorian LPG (LPG) has declared an irregular dividend of $1.25 per share, marking an increase from its previous irregular dividend of $1.00 announced in July. The dividend is scheduled to be paid on November 24, with the ex-dividend date and record date both set for November 9. The announcement comes amid broader discussions regarding the company's financial performance and strategic positioning, including reports of a $350 million order for three Very Large Gas Carriers (VLGCs) from Hanwha. While recent earnings have been strong, analysts continue to monitor the company's valuation and its ability to capitalize on market windfalls.

By Deepa Sarvaiya, SA News Editor · Seeking Alpha ·

Dorian LPG Announces Irregular Dividend of $1.25 Per Share

Tickers: $LPG

Topics: dividend declaration irregular dividend VLGC order

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