Dorian LPG Ltd. Declares Cash Dividend of $1.00 per share, Provides Update for First Quarter 2022 and Announces First Quarter 2022 Earnings and Conference Call Date

Stamford, Conn. - July 30, 2021

Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern and ECO very large gas carriers ("VLGCs"), today announced that its Board of Directors has declared a cash dividend of $1.00 per share of the Company's common stock, returning over $40 million of capital to shareholders.

The dividend is payable on or about September 8, 2021 to all shareholders of record as of the close of business on August 9, 2021.

The Company today also updated its financial and operational outlook for the quarter ended June 30, 2021.

The Company plans to issue a press release on Wednesday, August 4, 2021 prior to the market open, announcing its financial results for the first quarter ended June 30, 2021.

Full report

About Dorian LPG Ltd.
Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern VLGCs.

Dorian LPG's fleet currently consists of 23 modern VLGCs. Dorian LPG has offices in Stamford, Connecticut, USA; London, United Kingdom; Copenhagen, Denmark; and Athens, Greece.

Dorian LPG Ltd. press release