Dorian LPG confirmed on Wednesday expectations for extra cash distributions for shareholders, amid record quarterly revenue and soaring profit.
The US-listed owner and operator of VLGCs announced an “irregular” cash dividend of $1 per share, alongside reporting a threefold increase of net income to $51.3m for the three months ended 31 December.
This is Dorian LPG’s highest profit in seven years and is up from $16.6m
