Dorian LPG Declares Irregular Cash Dividend of $1.00 per Share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 07 2026
0mins
Should l Buy LPG?
Dorian LPG announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the company's common stock, returning approximately $42.8M of capital to shareholders. The irregular dividend is payable on or about May 28 to all shareholders of record as of the close of business on May 18.
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Analyst Views on LPG
Wall Street analysts forecast LPG stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 41.890
Low
31.00
Averages
33.00
High
35.00
Current: 41.890
Low
31.00
Averages
33.00
High
35.00
About LPG
Dorian LPG Ltd. is a liquefied petroleum gas shipping company. The Company is the owner and operator of modern very large gas carriers (VLGCs) that transport liquefied petroleum gas globally. Its fleet of approximately 25 VLGCs includes twenty ECO VLGCs, four dual-fuel ECO VLGCs, and one modern VLGC. It provides in-house commercial services for all of its vessels, including its vessels deployed in the Helios Pool. It also provides in-house technical management services for all of its vessels, including its vessels deployed in the Helios Pool. It has operations in Stamford, Connecticut, United States; Copenhagen, Denmark, and Athens, Greece. Its subsidiaries include Dorian LPG Management Corp., Dorian LPG Finance LLC, Dorian LPG (USA) LLC, Dorian LPG (DK) ApS and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Dorian LPG to Announce Q4 and FY 2026 Financial Results
- Earnings Release Schedule: Dorian LPG will issue its unaudited financial results for the fourth quarter and fiscal year ended March 31, 2026, prior to market open on May 20, 2026, providing investors with critical financial performance insights.
- Conference Call Details: A conference call will be held the same day at 10:00 AM ET, where investors can join by dialing 1-800-445-7795 or for international callers, 1-785-424-1699, aimed at discussing financial results and addressing investor inquiries.
- Live Webcast Availability: The conference call will be available via live webcast on Dorian LPG's investor section, ensuring global investors can access the latest company updates in real-time, enhancing transparency and communication efficiency.
- Replay Information: A replay of the conference call will be available starting at 1:00 PM ET the same day, accessible by dialing 1-844-512-2921 or for international callers, 1-412-317-6671, and will remain available until May 27, 2026, ensuring that investors who missed the live event can still obtain important information.
See More
Dorian LPG Appoints New Director to Board
- Board Expansion: Dorian LPG's board unanimously appointed Christopher J. Wiernicki as a Class I director, increasing the board size from eight to nine members, reflecting the company's commitment to leadership and strategic growth.
- Extensive Industry Experience: With 40 years of marine and offshore expertise, Wiernicki previously served as CEO of the American Bureau of Shipping (ABS), where he advanced global leadership in safety, risk management digitalization, and decarbonization, which is expected to provide valuable insights and strategic guidance to Dorian LPG.
- Expertise in Technology and Safety: Wiernicki's skills in clean energy and technology will aid Dorian LPG in maintaining safety in its modernization efforts, enhancing the company's competitiveness in the global LPG market.
- Global Influence: As a member of the White House National Infrastructure Advisory Council and an advisor to the Singapore Ministry of Transport, Wiernicki's international perspective and network will support Dorian LPG's expansion in global markets, further solidifying its market leadership.
See More
Dorian LPG Estimates for Q1 2026
- Fixed Day Rate Performance: Dorian LPG estimates that it has fixed 99% of its calendar days at a rate exceeding $58,000 per day for the quarter ending March 31, 2026, which will significantly enhance the company's revenue stability and cash flow.
- Modern Fleet Scale: The company currently operates a fleet of 28 modern very large gas carriers (VLGCs), including six dual-fuel ECO VLGCs and 20 ECO VLGCs, positioning it competitively in the global liquefied petroleum gas transportation market.
- Forward-Looking Statement Risks: While the company provides forward-looking performance expectations, actual results may differ materially due to potential changes in financial resources and operational capabilities, which could impact investor confidence.
- Financial Reporting Incompletion: Dorian LPG has not finalized its financial statement closing process for the third quarter ended December 31, 2023, and may identify items requiring significant adjustments during this process, potentially affecting the preliminary results disclosed.
See More
Dorian LPG Takes Delivery of Dual-Fuel Carrier Areion
- New Vessel Delivery: Dorian LPG announced the delivery of its 93,000 cbm dual-fuel newbuilding 'Areion', which will join the Helios LPG Pool, enhancing the company's competitiveness in the low-emission shipping market.
- Environmental Technology Implementation: The new vessel is equipped with a hybrid scrubber and dual-fuel engine, capable of using shore power in ports, reducing CO2 emissions by approximately 20%, and significantly lowering sulfur oxides and particulate matter emissions, complying with environmental regulations.
- Financing Arrangement: Dorian LPG secured $62.9 million in financing from Citibank and Nordea to support the new vessel's delivery and associated costs, including a $20.7 million commercial tranche with a 7-year term at a margin of 1.80% over SOFR.
- Fleet Expansion: This delivery raises the percentage of low-emission alternative fuel ships in Dorian LPG's fleet to over 20%, further solidifying its leadership position in the global liquefied petroleum gas transportation market and demonstrating the company's commitment to advanced marine technologies.
See More
20th Annual Capital Link International Shipping Forum Set for March 9, 2026
- Forum Overview: The 20th Annual Capital Link International Shipping Forum is scheduled for March 9, 2026, in New York City, expected to attract numerous investors and shipping executives, showcasing the latest trends and developments in the shipping industry while facilitating engagement between investors and shipping companies.
- Keynote Speakers: U.S. Department of Energy's Special Envoy for Global Energy Integration, Joshua Volz, and Greek Minister of Maritime Affairs, Vasilis Kikilias, will deliver keynote remarks during lunch, discussing the dynamics and challenges of global energy markets, emphasizing the shipping industry's critical role in energy transition.
- Industry Panel Discussions: The forum will feature multiple panels addressing key issues such as supply and demand fundamentals, freight rates, and asset values in the dry bulk, gas, and tanker shipping sectors, aiming to provide attendees with profound market insights and forward-looking analyses.
- Registration Information: Registration for the forum is complimentary for institutional investors and shipping companies, with details available on the official website, reflecting the forum's commitment to enhancing connections between the shipping industry and investors.
See More
20th Annual Capital Link International Shipping Forum Set for March 2026
- Forum Overview: The 20th Annual Capital Link International Shipping Forum will take place on March 9, 2026, in New York City, featuring senior executives from 23 leading shipping companies, showcasing the latest trends and dynamics in the shipping market while facilitating dialogue between investors and shipping firms.
- Keynote Speakers: Joshua Volz, Special Envoy for Global Energy Integration from the U.S. Department of Energy, and Vasilis Kikilias, Minister of Maritime Affairs from Greece, will deliver keynote remarks, emphasizing the close relationship between global energy transitions and the shipping industry, likely sparking in-depth discussions on future shipping policies among attendees.
- Investor Meetings: The forum offers one-on-one meeting opportunities for shipping companies and institutional investors, with complimentary registration for both groups, aimed at enhancing capital flow and industry collaboration, thereby increasing the investment appeal of the shipping market.
- Industry Discussions: The forum will address critical topics such as geopolitics, the new energy landscape, access to capital, and technological innovation, expected to provide valuable insights for the future development of the shipping industry, helping participants seize market opportunities.
See More
Dorian LPG to Announce Q4 and FY 2026 Financial Results
- Earnings Release Schedule: Dorian LPG will issue its unaudited financial results for the fourth quarter and fiscal year ended March 31, 2026, prior to market open on May 20, 2026, providing investors with critical financial performance insights.
- Conference Call Details: A conference call will be held the same day at 10:00 AM ET, where investors can join by dialing 1-800-445-7795 or for international callers, 1-785-424-1699, aimed at discussing financial results and addressing investor inquiries.
- Live Webcast Availability: The conference call will be available via live webcast on Dorian LPG's investor section, ensuring global investors can access the latest company updates in real-time, enhancing transparency and communication efficiency.
- Replay Information: A replay of the conference call will be available starting at 1:00 PM ET the same day, accessible by dialing 1-844-512-2921 or for international callers, 1-412-317-6671, and will remain available until May 27, 2026, ensuring that investors who missed the live event can still obtain important information.
See More
Dorian LPG Appoints New Director to Board
- Board Expansion: Dorian LPG's board unanimously appointed Christopher J. Wiernicki as a Class I director, increasing the board size from eight to nine members, reflecting the company's commitment to leadership and strategic growth.
- Extensive Industry Experience: With 40 years of marine and offshore expertise, Wiernicki previously served as CEO of the American Bureau of Shipping (ABS), where he advanced global leadership in safety, risk management digitalization, and decarbonization, which is expected to provide valuable insights and strategic guidance to Dorian LPG.
- Expertise in Technology and Safety: Wiernicki's skills in clean energy and technology will aid Dorian LPG in maintaining safety in its modernization efforts, enhancing the company's competitiveness in the global LPG market.
- Global Influence: As a member of the White House National Infrastructure Advisory Council and an advisor to the Singapore Ministry of Transport, Wiernicki's international perspective and network will support Dorian LPG's expansion in global markets, further solidifying its market leadership.
See More
Dorian LPG Estimates for Q1 2026
- Fixed Day Rate Performance: Dorian LPG estimates that it has fixed 99% of its calendar days at a rate exceeding $58,000 per day for the quarter ending March 31, 2026, which will significantly enhance the company's revenue stability and cash flow.
- Modern Fleet Scale: The company currently operates a fleet of 28 modern very large gas carriers (VLGCs), including six dual-fuel ECO VLGCs and 20 ECO VLGCs, positioning it competitively in the global liquefied petroleum gas transportation market.
- Forward-Looking Statement Risks: While the company provides forward-looking performance expectations, actual results may differ materially due to potential changes in financial resources and operational capabilities, which could impact investor confidence.
- Financial Reporting Incompletion: Dorian LPG has not finalized its financial statement closing process for the third quarter ended December 31, 2023, and may identify items requiring significant adjustments during this process, potentially affecting the preliminary results disclosed.
See More
Dorian LPG Takes Delivery of Dual-Fuel Carrier Areion
- New Vessel Delivery: Dorian LPG announced the delivery of its 93,000 cbm dual-fuel newbuilding 'Areion', which will join the Helios LPG Pool, enhancing the company's competitiveness in the low-emission shipping market.
- Environmental Technology Implementation: The new vessel is equipped with a hybrid scrubber and dual-fuel engine, capable of using shore power in ports, reducing CO2 emissions by approximately 20%, and significantly lowering sulfur oxides and particulate matter emissions, complying with environmental regulations.
- Financing Arrangement: Dorian LPG secured $62.9 million in financing from Citibank and Nordea to support the new vessel's delivery and associated costs, including a $20.7 million commercial tranche with a 7-year term at a margin of 1.80% over SOFR.
- Fleet Expansion: This delivery raises the percentage of low-emission alternative fuel ships in Dorian LPG's fleet to over 20%, further solidifying its leadership position in the global liquefied petroleum gas transportation market and demonstrating the company's commitment to advanced marine technologies.
See More
20th Annual Capital Link International Shipping Forum Set for March 9, 2026
- Forum Overview: The 20th Annual Capital Link International Shipping Forum is scheduled for March 9, 2026, in New York City, expected to attract numerous investors and shipping executives, showcasing the latest trends and developments in the shipping industry while facilitating engagement between investors and shipping companies.
- Keynote Speakers: U.S. Department of Energy's Special Envoy for Global Energy Integration, Joshua Volz, and Greek Minister of Maritime Affairs, Vasilis Kikilias, will deliver keynote remarks during lunch, discussing the dynamics and challenges of global energy markets, emphasizing the shipping industry's critical role in energy transition.
- Industry Panel Discussions: The forum will feature multiple panels addressing key issues such as supply and demand fundamentals, freight rates, and asset values in the dry bulk, gas, and tanker shipping sectors, aiming to provide attendees with profound market insights and forward-looking analyses.
- Registration Information: Registration for the forum is complimentary for institutional investors and shipping companies, with details available on the official website, reflecting the forum's commitment to enhancing connections between the shipping industry and investors.
See More
20th Annual Capital Link International Shipping Forum Set for March 2026
- Forum Overview: The 20th Annual Capital Link International Shipping Forum will take place on March 9, 2026, in New York City, featuring senior executives from 23 leading shipping companies, showcasing the latest trends and dynamics in the shipping market while facilitating dialogue between investors and shipping firms.
- Keynote Speakers: Joshua Volz, Special Envoy for Global Energy Integration from the U.S. Department of Energy, and Vasilis Kikilias, Minister of Maritime Affairs from Greece, will deliver keynote remarks, emphasizing the close relationship between global energy transitions and the shipping industry, likely sparking in-depth discussions on future shipping policies among attendees.
- Investor Meetings: The forum offers one-on-one meeting opportunities for shipping companies and institutional investors, with complimentary registration for both groups, aimed at enhancing capital flow and industry collaboration, thereby increasing the investment appeal of the shipping market.
- Industry Discussions: The forum will address critical topics such as geopolitics, the new energy landscape, access to capital, and technological innovation, expected to provide valuable insights for the future development of the shipping industry, helping participants seize market opportunities.
See More
