Shares and Dividend

General information about the shares

BW LPG is not listed on any other stock exchange other than the Oslo Bors.

Type of Legal EntityLimited Liability Company
JurisdictionBermuda
Number of shares issued141,938,998 
Number of shares held by Group CompaniesParent company, BW Group Limited, 56,807,126
Class of sharesSingle class shares with voting rights
Shares listed onOslo Bors; www.oslobors.no
Depository receipt arrangementNIL

Dividend policy

BW LPG aims for a payout ratio of 50% of Net Profits After Tax (NPAT), on an annual basis, adjusted for extraordinary items, after taking into consideration appropriate levels on leverage, capital expenditure plans and financing requirements, financial flexibility, anticipated cashflows. When net leverage is below 30%, the policy targets a payout of 75% of NPAT on an annual basis; and when net leverage is below 20%, the policy targets a payout of 100% of NPAT.

BW LPG Dividend Information

 

  Earnings Per Share (USD)Dividend per share (USD) Share price at period end (USD) Annualised Earnings yield 
 Annualised Dividend yield 
Q4 2022$0.69$0.52$7.7422%16%
Q3 2022$0.32$0.25$7.3018%14%
Q2 2022$0.26$0.20$7.4014%11%
Q1 2022$0.41$0.31$6.8824%18%
Q4 2021$0.45$0.18$5.6932%13%
Q3 2021$0.20$0.10$5.5215%7%
Q2 2021$0.16$0.10$6.4910%6%
Q1 2021$0.51$0.18$6.8430%11%
Q4 2020 $0.55$0.34$6.8632% 20%
Q3 2020$0.18$0.15$4.1017%15%
Q2 2020$0.45$0.15$3.1058%19%
Q1 2020$0.51$0.18$6.8177%11%
Q4 2019 $1.11 $0.42 $8.41 53% 20% 
Q3 2019 $0.83 $0.33 $5.85 57% 23% 
1H 2019$0.02 $0.10 $4.88 1% 4% 
2H 2018-$0.26$2.98-17% -
1H 2018-$0.25$4.00
-13%-
2H 2017-$0.31$4.71
-13%-
1H 2017$0.02$3.47
1%-
2H 2016$0.14$4.207%-
1H 2016$0.04$0.09$3.79 2%5%
2H 2015$1.41$0.68$8.3034%16%
1H 2015$1.03$0.78$8.54 24%18%
2H 2014$1.11$1.15$7.05 31%33%
1H 2014$0.76$0.76$14.6710%10%
2H 2013$0.92$0.15$9.51 19%3%