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Dorian LPG (Dorian LPG) Forward Dividend Yield % : 9.64% (As of Apr. 30, 2024)


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What is Dorian LPG Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of Dorian LPG is 9.64%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of Dorian LPG is 9.64%.

LPG's Forward Dividend Yield % is ranked better than
86.35% of 498 companies
in the Oil & Gas industry
Industry Median: 4.24 vs LPG: 9.64

Dorian LPG's Dividends per Share for the three months ended in Dec. 2023 was $1.00.

During the past 12 months, Dorian LPG's average Dividends Per Share Growth Rate was -27.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Dorian LPG's Forward Dividend Yield %

For the Oil & Gas Midstream subindustry, Dorian LPG's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dorian LPG's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dorian LPG's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dorian LPG's Forward Dividend Yield % falls into.



Dorian LPG Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Dorian LPG Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.0002024-02-022024-02-052024-02-27Cash DividendquarterlyUSD:USD 1.000000
USD 1.0002023-10-192023-10-202023-11-02Cash DividendquarterlyUSD:USD 1.000000
USD 1.0002023-08-092023-08-102023-09-06Cash DividendquarterlyUSD:USD 1.000000
USD 1.0002023-05-052023-05-082023-05-22Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Dorian LPG's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4/41.57
=9.62 %

Current Share Price is $41.57.
Dorian LPG's Dividends per Share for the forward twelve months is calculated as $1 * 4 = $4.

Dorian LPG's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4/41.57
=9.62 %

Current Share Price is $41.57.
Dorian LPG's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dorian LPG  (NYSE:LPG) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Dorian LPG Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Dorian LPG's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dorian LPG (Dorian LPG) Business Description

Industry
Traded in Other Exchanges
Address
27 Signal Road, Stamford, CT, USA, 06902
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.
Executives
John C Hadjipateras director, officer: Chief Executive Officer C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Christina Tan director 1453 FAIRFIELD BEACH ROAD, FAIRFIELD CT 06824
Theodore B. Young officer: Chief Financial Officer C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Alexander C. Hadjipateras officer: EVP at Dorian LPG (USA) LLC C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Tim Truels Hansen officer: Chief Commercial Officer STRANDHOLMS ALLE 23, HVIDOVRE G7 2650
John Lycouris director, officer: CEO of Dorian LPG (USA) LLC C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Thomas Jason Coleman director C/O KENSICO CAPITAL MANAGEMENT, 55 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Marit Lunde director 27 SIGNAL ROAD, STAMFORD CT 06902
Ted Kalborg director C/O TUFTON OCEANIC LIMITED, ALBEMARLE HOUSE, 1, ALBEMARLE STREET, LONDON X0 SW1 4HA
Bw Group Ltd 10 percent owner MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Bw Lpg Holding Ltd other: Member of 10% owner group C/O MAPLETREE BUSINESS CITY #17-02, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Hna Investment Management Llc 10 percent owner C/O HNA GROUP NORTH AMERICA LLC, 1180 AVENUE OF THE AMERICAS, SUITE 1910, NEW YORK NY 10036
Scorpio Tankers Inc. 10 percent owner L'EXOTIQUE 99 BOULEVARD JARDIN EXOTIQUE, MONACO O9 98000
Family Foundation Sohmen 10 percent owner HEILIGKREUZ 6, P O BOX 484, VADUZ N2 FL-9490
Bw Euroholdings Ltd 10 percent owner MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438