Dorian LPG declares $1.25 dividend, returning $53.7 million
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Key points
- Dorian LPG (NYSE:LPG) declared an irregular cash dividend of $1.25 per common share, representing approximately $53.7 million in shareholder distributions.
- The dividend will return capital directly to shareholders, following approval by the company's board of directors.
- Payment is scheduled for November 24, 2026, to shareholders registered by November 9, 2026.
Dorian LPG (NYSE:LPG) declared an irregular cash dividend of $1.25 per common share, representing approximately $53.7 million in capital returned to shareholders.
The distribution follows a board decision to make an additional cash payment outside the company's regular dividend schedule.
The dividend is payable on or about November 24, 2026, to shareholders of record as of the close of business on November 9, 2026.
The $1.25 payment represents approximately $53.7 million in total distributions, based on the company's announced dividend amount and eligible shareholding.
Dorian LPG owns and operates modern and ECO very large gas carriers (VLGCs), which transport liquefied petroleum gas across international shipping routes.
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