BW LPG Announces Q1 2025 Cash Dividend

Strategic Insights -

BW LPG Limited, the world's leading owner and operator of LPG vessels, has announced the approval of a cash dividend of US$0.28 per share for the first quarter of 2025. The company's Board of Directors made the decision on May 19, 2025, with the dividend payment date set for June 12, 2025. The dividend will be distributed to shares registered with Euronext VPS and will be denominated in NOK, with the exchange rate to be made available on the day of payment.

Key Takeaways:

  • The Board of Directors of BW LPG Limited has approved a dividend of US$0.28 per share for Q1 2025, with a record date of May 30, 2025.
  • The dividend payment date is set for June 12, 2025, with the last trading day including the right to receive the dividend being May 27, 2025 for shares registered with Euronext VPS.
  • For shares registered with Depository Trust Company - New York Stock Exchange, the last trading day is May 29, 2025, with the ex-date being May 30, 2025.
  • BW LPG Limited is the world's leading owner and operator of LPG vessels, with a fleet of over 50 Very Large Gas Carriers (VLGCs) with a total carrying capacity of over 4 million CBM.
  • The company has an in-house LPG trading division and investments in LPG downstream distribution, offering an integrated, flexible, and reliable service to customers along the LPG value chain.
  • BW LPG is associated with BW Group, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies.
  • BW Group's fleet includes over 450 vessels, with its 200 LNG and LPG ships constituting the largest gas fleet in the world, and investments in solar, wind, batteries, and water treatment in the renewables space.

Statistics:

  • Q1 2025 cash dividend: US$0.28 per share
  • Record date: May 30, 2025
  • Dividend payment date: June 12, 2025
  • Last trading day including the right to receive dividend (Euronext VPS): May 27, 2025
  • Last trading day including the right to receive dividend (Depository Trust Company - New York Stock Exchange): May 29, 2025
  • Ex-date (Euronext VPS): May 28, 2025
  • Ex-date (Depository Trust Company - New York Stock Exchange): May 30, 2025
  • Fleet size: Over 50 Very Large Gas Carriers (VLGCs)
  • Total carrying capacity: Over 4 million CBM
  • Number of vessels in BW Group's fleet: Over 450
  • Number of LNG and LPG ships in BW Group's fleet: 200

Sources:

  • BusinessWire: "BW LPG Announces Q1 2025 Cash Dividend" (https://www.businesswire.com/news/home/20250519526651/en/)
  • BW LPG Limited website: https://www.bwlpg.com
  • BW Group website: https://www.bwgroup.no