Dorian LPG Declares Irregular Cash Dividend Of $1.00 Per Share Of Common Stock, Returning $42.8M Of Capital To Shareholders
Portfolio Pulse from Benzinga Newsdesk
Dorian LPG has announced an irregular cash dividend of $1.00 per share, returning $42.8 million to shareholders. The dividend is payable on November 25, 2024, to shareholders of record as of November 5, 2024.
October 24, 2024 | 10:09 am
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Dorian LPG has declared an irregular cash dividend of $1.00 per share, distributing $42.8 million to shareholders. This move may attract investors seeking dividend income.
The declaration of a $1.00 per share dividend is a significant return of capital to shareholders, which is likely to be viewed positively by the market. This could attract investors looking for income, potentially driving up the stock price in the short term.
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