Dorian LPG has decided to hand $42.6m in cash to its shareholders as the Connecticut gas carrier owner gave a sneak peek of its quarterly earnings showing revenue growth.
The New York-listed company said its board of directors declared a $1-per-share irregular dividend that will land in investor wallets on 21 August.
And while the John Hadjipateras-led company does not report earnings for another week, it revealed that it expects time-charter equivalent revenue for its fiscal first quarter to land in the range of nearly $113m to $115m.
