Dorian LPG declares $0.70/sh irregular dividend; warns of lower Q3 TCE revenue

DORIAN LPG LTD.

Irregular cash dividend of $0.70 per share declared, payable Feb 24, 2026 to holders of record Feb 9, returning ~$29.9 million.
Forward booking estimates lowered: market rates in November for December loadings were lower than prior months; fog in Houston Ship channel increased waiting time and reduced realized rates.
Expects additional G&A expense of ~$1.8 million related to higher accrual under Annual Cash Incentive plan for Q3 fiscal 2026.
Full Q3 results to be released Feb 5, 2026 pre-market; conference call at 10:00 a.m. ET.

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