Dorian LPG, a US-listed owner and operator of 25 VLGCs, is reducing its dividend in expectation of lower earnings in the last business quarter.
The John Hadjipateras-led company said on Friday that it will pay out about $30m, or $0.70 per share, for the three months ending 31 December.
Dorian LPG had held its quarterly payments steady at $1 per share over much of the past four years.
