BW LPG Limited (NYSE:BWLP) Announces $0.42 Quarterly Dividend

BW LPG Limited (NYSE:BWLP) declared a quarterly dividend on Thursday, February 27th, NASDAQ Dividends reports. Investors of record on Monday, March 10th will be given a dividend of 0.42 per share on Wednesday, March 19th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 14.76%. The ex-dividend date is Monday, March 10th.

BW LPG Trading Down 2.3 %

NYSE:BWLP opened at $11.39 on Friday. BW LPG has a twelve month low of $9.95 and a twelve month high of $22.31. The business has a 50 day moving average price of $12.09 and a two-hundred day moving average price of $13.25. The company has a quick ratio of 1.16, a current ratio of 1.34 and a debt-to-equity ratio of 0.15.

BW LPG (NYSE:BWLP) last issued its earnings results on Thursday, February 27th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.18 by $0.04. The business had revenue of $127.57 million for the quarter, compared to the consensus estimate of $183.00 million.

Analysts Set New Price Targets

Separately, Pareto Securities upgraded BW LPG from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th.

About BW LPG

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.