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

BW LPG Limited (NYSE:BWLP) declared a quarterly dividend on Thursday, February 27th, NASDAQ Dividends reports. Shareholders of record on Monday, March 10th will be given 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 is Monday, March 10th.

BW LPG Price Performance

Shares of NYSE:BWLP traded down $0.27 during mid-day trading on Thursday, reaching $11.39. The stock had a trading volume of 754,417 shares, compared to its average volume of 484,608. The firm has a 50 day simple moving average of $12.07 and a two-hundred day simple moving average of $13.26. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.16 and a current ratio of 1.34. BW LPG has a twelve month low of $9.95 and a twelve month high of $22.31.

BW LPG (NYSE:BWLP) last announced its quarterly earnings results on Thursday, February 27th. The company reported $0.22 earnings per share for the quarter.

Analyst Upgrades and Downgrades

Separately, Pareto Securities raised BW LPG from a “hold” rating to a “buy” rating in a research note 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.