BW LPG shares trade ex-dividend for Q1 2026 payout

1 min read     Updated on 11 Jun 2026, 10:36 AM
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AI Summary

BW LPG Limited shares began trading ex-dividend on the Oslo Stock Exchange today, with the New York Stock Exchange following on June 12, 2026. The company declared a cash dividend of NOK 6.1960 and US$0.67 per share for Q1 2026. BW LPG operates a fleet of about 50 VLGCs and is associated with BW Group.

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BW LPG Limited shares commenced trading ex-dividend on the Oslo Stock Exchange today, with a similar schedule set for the New York Stock Exchange on June 12, 2026. The company announced these dates in relation to its cash dividend for Q1 2026, ensuring shareholders are aware of the entitlement deadlines. The dividend payout consists of NOK 6.1960 and US$0.67 per share, reflecting the company's distribution policy across its dual listings.

The dividend details were initially disclosed in a press release dated June 2, 2026. BW LPG operates as the world's leading owner and operator of LPG vessels, managing a fleet of approximately 50 Very Large Gas Carriers (VLGCs). This includes over 20 vessels powered by LPG dual-fuel propulsion technology, underscoring the company's focus on sustainable shipping solutions.

Dividend Details

The following table outlines the key dates and amounts for the Q1 2026 dividend distribution:

Parameter Details
Dividend Period Q1 2026
Dividend Amount (NOK) NOK 6.1960
Dividend Amount (USD) US$0.67
Ex-Dividend Date (Oslo Stock Exchange) Today
Ex-Dividend Date (New York Stock Exchange) June 12, 2026

BW LPG is associated with BW Group, a global energy and maritime entity involved in shipping, deepwater oil & gas production, and renewable energy. The group controls a fleet of over 400 vessels and operates in infrastructure sectors such as wind, batteries, and data centres. This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

How will the current LPG freight rate environment influence BW LPG's ability to sustain this dividend payout level through the remainder of 2026?

What are the company's capital expenditure plans for expanding its fleet of LPG dual-fuel propulsion vessels over the next 12 months?

How might fluctuations in the NOK to USD exchange rate impact the total value received by shareholders holding shares on the NYSE versus the Oslo Stock Exchange?

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