Shares and Dividend

General information about BW LPG shares

BW LPG is listed on the Oslo Stock Exchange.

Type of Legal EntityLimited Liability Company
JurisdictionBermuda
Number of shares issued140,000,000
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; https://www.euronext.com/nb/markets/oslo
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 
Q2 2023$0.59$0.81$9.9728%
Q1 2023$0.95$0.95$7.5051%43%
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%

Summary of Ex-Dates

No.QuarterEx-Date
1Q2 20231-Sep-23
2Q1 202326-May-23
3Q4 20223-Mar-23
4Q3 202221-Nov-22
5Q2 20221-Sep-22
6Q1 202224-May-22
7Q4 20214-Mar-22
8Q3 202119-Nov-21
9Q2 202131-Aug-21
10Q1 202126-May-21
11Q4 20204-Mar-21
12Q3 202018-Nov-20
13Q2 20201-Sep-20
14Q1 20202-Jun-20
15Q4 20194-Mar-20
16Q3 201926-Nov-19