Dorian LPG declares $1.00 irregular dividend; updates Q1 FY2025 outlook

DORIAN LPG LTD.

Declared irregular cash dividend of $1.00 per share, returning ~$42.6M to shareholders.
Dividend payable Aug 21, 2024 to holders of record Aug 8, 2024.
Preliminary Q1 FY2025 TCE revenue $112.5M-$114.5M; vessel opex $19.5M-$21.5M.
Utilization 90.4%; cash ~$352M-$354M; long-term debt ~$596M-$598M.
Earnings release and conference call scheduled Aug 1, 2024 at 10:00 a.m. ET.

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