Dorian LPG Ltd. (NYSE:LPG) Declares Special Dividend of $1.00

Posted by Trevor Kearing on Jul 17th, 2026

Dorian LPG Ltd. (NYSE:LPG – Get Free Report) declared a special dividend on Thursday, July 16th. Investors of record on Monday, July 27th will be paid a dividend of 1.00 per share by the shipping company on Wednesday, August 12th. The ex-dividend date is Monday, July 27th.

Dorian LPG has a payout ratio of 36.2% indicating that its dividend is sufficiently covered by earnings.

Dorian LPG Stock Performance

Dorian LPG stock opened at $41.20 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.67 and a quick ratio of 2.65. Dorian LPG has a 12 month low of $23.76 and a 12 month high of $48.12. The company has a fifty day moving average price of $40.88 and a two-hundred day moving average price of $35.50. The company has a market cap of $1.76 billion, a PE ratio of 9.05 and a beta of 0.66.

Dorian LPG (NYSE:LPG – Get Free Report) last issued its earnings results on Tuesday, May 19th. The shipping company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.48. Dorian LPG had a net margin of 40.22% and a return on equity of 18.01%. The company had revenue of $153.27 million for the quarter, compared to analysts’ expectations of $128.87 million. During the same period in the prior year, the company earned $0.25 earnings per share. The firm’s revenue was up 102.0% compared to the same quarter last year.

Dorian LPG Company Profile

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Dorian LPG Ltd., incorporated in Bermuda and headquartered in Greenwich, Connecticut, is a leading owner and operator of modern very large gas carriers (VLGCs). The company specializes in the maritime transportation of liquefied petroleum gas (LPG), primarily propane and butane, for energy producers, commodity traders and trading houses around the world.

Dorian LPG’s fleet comprises over 30 state-of-the-art VLGCs, each designed for fuel efficiency and environmental performance. These vessels operate under medium- and long-term time charter agreements, providing predictable employment and supporting a stable charter revenue profile through contracts with major international energy companies.

The company serves global energy markets by transporting LPG cargoes along major trade routes linking production centers in the Middle East, U.S.