BW LPG Limited (NYSE:BWLP - Get Free Report) declared a dividend on Saturday, May 24th, investing.com reports. Investors of record on Monday, June 2nd will be paid a dividend of 0.28 per share on Monday, June 9th. This represents a yield of 10.6%. The ex-dividend date of this dividend is Friday, May 30th.
BW LPG Trading Up 4.0%
Shares of BWLP traded up $0.42 during mid-day trading on Tuesday, reaching $10.99. 770,822 shares of the company were exchanged, compared to its average volume of 394,853. The business has a 50 day simple moving average of $10.28 and a two-hundred day simple moving average of $11.36. BW LPG has a 52 week low of $7.86 and a 52 week high of $22.31. The stock has a market capitalization of $1.45 billion and a PE ratio of 5.81. 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 (NYSE:BWLP - Get Free Report) last announced its earnings results on Tuesday, May 20th. The company reported $0.30 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.09. The firm had revenue of $158.70 million for the quarter, compared to the consensus estimate of $183.96 million.
Wall Street Analyst Weigh In
Separately, Pareto Securities upgraded shares of BW LPG from a "hold" rating to a "buy" rating in a report on Thursday, January 30th.
Check Out Our Latest Research Report on BW LPG
Institutional Trading of BW LPG
A hedge fund recently raised its stake in BW LPG stock. Jane Street Group LLC lifted its stake in shares of BW LPG Limited (NYSE:BWLP - Free Report) by 14.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 51,463 shares of the company's stock after buying an additional 6,331 shares during the quarter. Jane Street Group LLC's holdings in BW LPG were worth $558,000 as of its most recent filing with the Securities & Exchange Commission.
About BW LPG
(
Get Free Report)
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.
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