LPG (Dorian LPG) Dividend Payout Ratio : 3.41 (As of Sep. 2024)

Dorian LPG Dividend Payout Ratio Chart

Dorian LPG Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Dividend Payout Ratio		Get a 7-Day Free Trial					-	-	1.50	1.32	0.54

Dorian LPG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.55	0.39	0.52	0.82	3.41

Competitive Comparison of Dorian LPG's Dividend Payout Ratio

For the Oil & Gas Midstream subindustry, Dorian LPG's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dorian LPG's Dividend Payout Ratio falls into.

Dorian LPG Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Dorian LPG's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dorian LPG's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Dorian LPG Dividend Payout Ratio Related Terms

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Dorian LPG Business Description