BW LPG Limited has announced that its shares will be traded ex-dividend on the Oslo Stock Exchange from May 28, 2025, and on the New York Stock Exchange from May 30, 2025. The company is paying a cash dividend of $0.28 per share for Q1 2025. BW LPG is the world's leading owner and operator of LPG vessels, with a fleet of over 50 Very Large Gas Carriers and a total carrying capacity of over 4 million CBM.
BW LPG Limited (BWLP), a leading global maritime company, has announced that its shares will be traded ex-dividend on the Oslo Stock Exchange from May 28, 2025, and on the New York Stock Exchange from May 30, 2025. The company is set to pay a cash dividend of $0.28 per share for the first quarter of 2025.
BW LPG is recognized as the world's leading owner and operator of LPG vessels, with a fleet of over 50 Very Large Gas Carriers (VLGCs) and a total carrying capacity of over 4 million CBM. The company's integrated, flexible, and reliable service caters to various segments along the LPG value chain, including oil companies, trading and utility companies, and offers integrated LPG delivery services and support.
The dividend, payable on June 9, 2025, represents a forward yield of 10.6%, making it an attractive option for income-focused investors. The ex-dividend date of this dividend is May 30, 2025, meaning that shares purchased after this date will not be eligible for the dividend.
Recent financial performance highlights include a quarterly earnings per share (EPS) of $0.30, surpassing analysts' consensus estimates by $0.09. Revenue for the quarter stood at $158.70 million, although it fell short of analyst estimates of $183.96 million. The company's stock has seen significant fluctuations, with a fifty-two week low of $7.86 and a fifty-two week high of $22.31.
BW LPG's strong market position and robust dividend payouts make it a compelling investment for those seeking a steady income stream in the maritime sector. The company's strategic focus on LPG and its long-term growth prospects contribute to its attractiveness among investors.
References:
[1] https://www.businesswire.com/news/home/20250527072098/en/BW-LPG-Limited-Ex-Dividend-US%24-0.28-on-the-Oslo-Stock-Exchange-Today
[2] https://seekingalpha.com/news/4452254-bw-lpg-declares-0_28-dividend
[3] https://www.marketbeat.com/instant-alerts/bw-lpg-limited-declares-dividend-of-028-nysebwlp-2025-05-24/
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