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

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

BW LPG Stock Down 2.3 %

BWLP opened at $11.39 on Friday. The firm has a 50 day simple moving average of $12.09 and a 200 day simple moving average of $13.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.34 and a quick ratio of 1.16. BW LPG has a fifty-two week low of $9.95 and a fifty-two week high of $22.31.

BW LPG (NYSE:BWLP) last released its earnings results on Thursday, February 27th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.04. The company had revenue of $127.57 million during the quarter, compared to analyst estimates of $183.00 million.

Wall Street Analysts Forecast Growth

Separately, Pareto Securities raised shares of 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.