dividend
confidence high
sentiment positive
materiality 0.80
Dorian LPG declares irregular dividend of $1.00/share; issues Q2 FY2023 outlook
DORIAN LPG LTD.
- Irregular cash dividend of $1.00 per share, payable Dec 6, 2022 to holders of record Nov 7, returning ~$40.4M to shareholders.
- Preliminary Q2 FY2023 TCE revenue expected between $73.6M and $75.6M; utilization rate 90.7%.
- Vessel operating expenses estimated at $16.6M–$18.6M; G&A expenses $7.7M–$8.7M.
- Full Q2 earnings results to be released Nov 2, 2022 before market open; conference call at 10:00 a.m. ET.