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Dorian LPG ( (LPG) ) has issued an announcement.
On January 24, 2025, Dorian LPG Ltd. announced that its Board of Directors declared an irregular cash dividend of $0.70 per share, amounting to approximately $30 million, payable on February 27, 2025, to shareholders of record as of February 5, 2025. Additionally, the company plans to release its unaudited financial results for the quarter and year ended December 31, 2024, on January 31, 2025, followed by an earnings conference call. Preliminary financial data for the quarter indicates expected time charter equivalent revenues between $78.7 million and $80.7 million, with vessel operating expenses ranging from $20.4 million to $22.4 million, and cash reserves of approximately $313.5 million to $315.5 million.
More about Dorian LPG
Dorian LPG is a leading owner and operator of modern Very Large Gas Carriers (VLGCs) that transport liquefied petroleum gas globally. Their fleet includes twenty-five modern VLGCs, among which are twenty ECO VLGCs and four dual-fuel ECO VLGCs. The company is headquartered in Stamford, Connecticut, with additional offices in Copenhagen, Denmark, and Athens, Greece.
YTD Price Performance: -4.57%
Average Trading Volume: 752,992
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.04B
For an in-depth examination of LPG stock, go to TipRanks’ Stock Analysis page.
