Shares of BW LPG Limited No Longer Entitle Holders to US$ 0.28 Dividend on Oslo Stock Exchange Today
BW LPG, the world's largest LPG vessel operator, announced the ex-dividend dates following the declaration of its Q1 2025 cash dividend. Shares on Oslo Stock Exchange (OSE) will trade without the dividend from today, while shares on the New York Stock Exchange (NYSE) will follow suit from May 30. The dividend amount stands at USD 0.28 per share.
BW LPG, with over 50 Very Large Gas Carriers (VLGCs) in its fleet, offers an integrated service to customers along the LPG value chain. The company is part of the BW Group, a leading global maritime conglomerate with a fleet of over 450 vessels transporting various commodities.
For those seeking further information, Samantha Xu, BW LPG's Chief Financial Officer, can be reached at [email protected].
The ex-dividend dates for the Oslo Stock Exchange and the New York Stock Exchange are as follows:
- On the Oslo Stock Exchange, the ex-dividend date is 28 May 2025. The record date is 30 May 2025, and the dividend payment date is on or about 12 June 2025. The last trading day including the right to receive the dividend was 27 May 2025.
- On the New York Stock Exchange, the ex-dividend date is 30 May 2025. The dividend payment date is on or about 9 June 2025. The last trading day including the right to receive the dividend was 29 May 2025.
- The cloud of uncertainty surrounding BW LPG's financials dissipated with the announcement of its Q1 2025 cash dividend, signaling robust business performance in the infrastructure sector.
- Investors looking to diversify their portfolios can consider investing in BW LPG stocks on both the Oslo Stock Exchange and New York Stock Exchange, given the favorable dividend dates for Q1 2025.
- The news of the dividend announcement and the subsequent ex-dividend dates come as a positive indication for the company's future investment prospects in the stock-market, reflecting its strong position in the LPG value chain.
