Dorian LPG (LPG) Declares $1.00 Quarterly Dividend; 33.1% Yield

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Dorian LPG Ltd. Declares Cash Dividend of $1.00 per share, Provides Update for First Quarter 2022 and Announces First Quarter 2022 Earnings and Conference Call Date

July 30, 2021 5:30 PM EDT

STAMFORD, Conn., July 30, 2021 /PRNewswire/ -- Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern and ECO very large gas carriers ("VLGCs"), today announced that its Board of Directors has declared a cash dividend of $1.00 per share of the Company's common stock, returning over $40 million of capital to shareholders. The dividend is payable on or about September 8, 2021 to all shareholders of record as of the close of business on August 9, 2021.

The Company today also updated its financial and operational outlook for the... More