Dorian LPG’s board declared an irregular cash dividend of $1.25 per share, returning about $53.7 million to shareholders. The company also scheduled a conference call to discuss its second-quarter 2027 results.
- Dividend: Shareholders of record at the close of business on November 9, 2026, are eligible for the payment, which is expected on or about November 24.
- Not a recurring commitment: Dorian described the payment as irregular. Future dividends remain at the board’s discretion, taking into account the company’s financial results, debt, capital needs, contractual restrictions and other factors.
- Earnings call: The call is scheduled for November 5 at 10 a.m. Eastern time. It will be available live by phone and webcast.
The dividend represents a return of capital to shareholders, but does not establish a regular dividend schedule.