Dorian LPG reports irregular cash dividend of $1.00 per share

Dorian LPG updated its financial and operational outlook for the quarter ended June 30 and announced that its board of directors has declared an irregular cash dividend of $1.00 per share of the company’s common stock, returning $40.4M of capital to shareholders. The dividend is payable on or about September 6 to all shareholders of record as of the close of business on August 10. The company also plans to issue a press release on Wednesday, August 2 prior to the market open, announcing its unaudited financial results for the quarter ended June 30.