---
schema_version: "secwatch.filing_event.v1"
accession: "0001596993-24-000046"
form_type: "8-K"
ticker: "LPG"
cik: "0001596993"
company_name: "DORIAN LPG LTD."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:49:43.010234+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dorian LPG Q1 net income $51.3M, adjusted EPS $1.26; $42.6M irregular dividend

## Summary
- Net income $51.3M ($1.25 diluted EPS); adjusted net income $51.7M ($1.26 adjusted EPS).
- TCE rate $55,228/day, up 8% YoY from $51,156; fleet utilization 90.4% vs 98.0%.
- Irregular dividend of $42.6M payable Aug 21, 2024 to holders of record Aug 8, 2024.
- Issued 2M common shares at $44.50/share (net $42.275 after underwriting discounts).
- Revenues $114.4M, up 2.5% YoY; interest and finance costs down 8.5% to $9.5M.

## SEC filing metadata
- accession: 0001596993-24-000046
- form_type: 8-K
- ticker: LPG
- cik: 0001596993
- company_name: DORIAN LPG LTD.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596993/000159699324000046/0001596993-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596993/000159699324000046/lpg-20240801x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001596993-24-000046
- JSON: https://secwatch.observer/filing/0001596993-24-000046.json
- Plain text: https://secwatch.observer/filing/0001596993-24-000046.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.