BW LPG Limited (BWLP) To Go Ex-Dividend on September 8th

BW LPG Limited (NYSE:BWLP) announced a quarterly dividend on Thursday, August 27th. Investors of record on Tuesday, September 8th will be paid a dividend of 8.8914 per share on Wednesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 148.8%. The ex-dividend date is Tuesday, September 8th. This is a 43.5% increase from BW LPG’s previous quarterly dividend of $6.20.

BW LPG Price Performance

Shares of BWLP opened at $23.90 on Friday. BW LPG has a twelve month low of $11.72 and a twelve month high of $25.48. The stock’s 50 day moving average is $21.07 and its two-hundred day moving average is $19.40. The firm has a market capitalization of $3.62 billion, a PE ratio of 10.04 and a beta of 0.99. The company has a current ratio of 1.47, a quick ratio of 1.29 and a debt-to-equity ratio of 0.36.

BW LPG (NYSE:BWLP) last released its earnings results on Friday, August 28th. The company reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.17 by ($0.38). The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $318.01 million. BW LPG had a return on equity of 18.51% and a net margin of 10.13%.

About BW LPG

BW LPG (NYSE: BWLP) is a pure‐play owner and operator of liquefied petroleum gas (LPG) carriers. The company’s core business centers on the maritime transportation of LPG, predominantly propane and butane, under both time‐ and voyage‐charter arrangements. Its fleet comprises pressurized and semi‐refrigerated vessels designed to meet the specific requirements of LPG producers, traders and end‐users around the world.

Headquartered in Singapore, BW LPG serves a global customer base, with commercial offices in key energy hubs including Houston, London, Dubai and Tokyo.