Dorian LPG (Dorian LPG) Dividend Payout Ratio : 0.39 (As of Dec. 2023)

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What is Dorian LPG Dividend Payout Ratio?

Dorian LPG's dividend payout ratio for the months ended in Dec. 2023 was 0.39.

The historical rank and industry rank for Dorian LPG's Dividend Payout Ratio or its related term are showing as below:

LPG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.53 Med: 1.41 Max: 1.5
Current: 0.53

During the past 10 years, the highest Dividend Payout Ratio of Dorian LPG was 1.50. The lowest was 0.53. And the median was 1.41.

LPG's Dividend Payout Ratio is ranked worse than
58.28% of 453 companies
in the Oil & Gas industry
Industry Median: 0.45 vs LPG: 0.53

As of today (2024-04-30), the Dividend Yield % of Dorian LPG is 9.65%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Dorian LPG was 34.43%. The lowest was 6.73%. And the median was 13.61%.

Dorian LPG's Dividends per Share for the 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.

Dorian LPG Dividend Payout Ratio Historical Data

The historical data trend for Dorian LPG's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Dorian LPG Dividend Payout Ratio Chart

Dorian LPG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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1.50

1.32

Dorian LPG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.80	0.52	0.84	0.55	0.39

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Dorian LPG's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	5.5	/	4.162
	=	1.32

Dorian LPG's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	1	/	2.551
	=	0.39

Dorian LPG (NYSE:LPG) Dividend Payout Ratio Explanation

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.

Dorian LPG Dividend Payout Ratio Related Terms

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

Dorian LPG (Dorian LPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorian LPG Ltd (NYSE:LPG) » Definitions » Dividend Payout Ratio

Comparable Companies

GEL GLP NVGS PBT TNK DHT TNP TK NGL BROG TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

0DA:Germany 0DA:Germany

Address

27 Signal Road, Stamford, CT, USA, 06902

Website

https://www.dorianlpg.com

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