BW LPG Limited (OTCMKTS:BWLLY) to Issue Dividend Increase – $0.22 Per Share

BW LPG Limited (OTCMKTS:BWLLYGet Rating) declared a dividend on Tuesday, November 22nd, reports. Stockholders of record on Monday, November 28th will be paid a dividend of 0.2213 per share on Tuesday, December 27th. This represents a dividend yield of 12.25%. The ex-dividend date is Friday, November 25th. This is an increase from BW LPG’s previous dividend of $0.17.

BW LPG Price Performance

Shares of BW LPG stock opened at $6.70 on Thursday. BW LPG has a 52-week low of $4.45 and a 52-week high of $8.89. The firm’s 50 day moving average price is $6.68 and its 200-day moving average price is $7.45.

Analysts Set New Price Targets

Separately, Pareto Securities downgraded shares of BW LPG from a “buy” rating to a “hold” rating in a research report on Tuesday, August 30th.

BW LPG Company Profile

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BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. The company operates through two segments, Very Large Gas Carriers (VLGCs) and Product Services. It is involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies.

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Dividend History for BW LPG (OTCMKTS:BWLLY)

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