BW LPG Limited (BWLPG.OL, BWLP) declared its ex-dividend date for its second-quarter 2025 cash dividend. The company’s shares will be traded ex-dividend on the Oslo Stock Exchange beginning today and on the New York Stock Exchange starting September 5th.
The dividend announcement follows a press release issued on August 26th, outlining key details of the payment. The amount of the dividend was not specified in the provided text, but it signals a return to shareholders based on the company’s performance.
BW LPG is a significant player in the liquefied petroleum gas (LPG) shipping industry. The company manages a fleet of over 50 Very Large Gas Carriers (VLGCs), boasting a combined carrying capacity exceeding 4 million cubic meters. Their extensive experience, spanning five decades, positions them as a reliable provider of LPG transportation services.
Beyond its core shipping operations, BW LPG also incorporates an internal LPG trading division and investments in onshore infrastructure. This integrated approach allows them to manage the entire supply chain, from sourcing to delivery. They emphasize their commitment to providing reliable energy solutions.
BW LPG is affiliated with the BW Group, a prominent global maritime conglomerate. BW Group‘s operations extend across various sectors, including shipping, floating infrastructure, deepwater oil and gas production, and renewable energy technologies. The group, founded by Sir YK Pao in 1955, operates a vast fleet of over 450 vessels, transporting a wide range of commodities. Its commitment to sustainability is evidenced by its investments in solar, wind, battery, and water treatment technologies.
Samantha Xu, Chief Financial Officer of BW LPG, is available for further inquiries regarding the dividend payment. The information released is in accordance with Norwegian securities regulations.
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