StockWatch
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Marine Transportation
DividendMay 7, 2026, 06:32 AM

Dorian LPG Declares $1.00 Irregular Cash Dividend

AI Summary

Dorian LPG Ltd. announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of common stock. This action will return approximately $42.8 million of capital to shareholders. The dividend is payable on or about May 28, 2026, to shareholders of record as of May 18, 2026. The company noted that this is an irregular dividend, and future declarations are subject to the Board's discretion and various financial and operational factors.

Key Highlights

  • Dorian LPG declared an irregular cash dividend of $1.00 per share of common stock.
  • The dividend will return approximately $42.8 million of capital to shareholders.
  • The irregular dividend is payable on or about May 28, 2026.
  • Shareholders of record as of the close of business on May 18, 2026, will receive the dividend.
  • Future dividend declarations are subject to the Board's determination and discretion.