SmarterDividends
LPG

Dorian LPG (LPG) Dividend

Dorian LPG Ltd. · Energy · Oil & Gas Midstream · quarterly payer

$46.55

Undervalued · +53% Add to Portfolio

As of Nov 8, 2026, Dorian LPG (LPG) pays a quarterly dividend, or $3.35 a year, a 7.20% yield at its $46.55 share price. The next ex-dividend date is Nov 9, 2026, paid Nov 24, 2026. It has a dividend safety grade of C.

Forward Yield

7.20%

Annual Dividend

$3.35

Payout Ratio

30%

5-Yr Growth

—

Ex-Date

Nov 9, 2026

Frequency

Quarterly

Key facts about LPG's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Dorian LPG Ltd. (LPG) has a forward dividend yield of 7.20%, based on an annual dividend of $3.35 per share and a share price of $46.55.
  • As of Nov 8, 2026, LPG's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
  • LPG last cut its regular dividend in 2025.
  • LPG's next ex-dividend date is Nov 9, 2026, with payment on Nov 24, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 8, 2026, LPG pays out 30% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Nov 8, 2026, LPG's 7.20% yield is 54% below its five-year average yield of 15.59%.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for LPG is $71.08 per share, 53% above the $46.55 share price, so LPG screens as undervalued.
  • Dorian LPG Ltd. (LPG) pays its dividend quarterly, 4 times a year.
  • Dorian LPG Ltd. (LPG) has raised its regular dividend 4 times and cut it 2 times across the 20 payments on record since 2021. Its most recent change was a 42.9% increase to $1.00 per share, going ex-dividend on May 18, 2026. The last cut went ex-dividend on May 16, 2025.
Cite this page

SmarterDividends, "LPG Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/LPG

Is LPG a good dividend stock?

Yes, with caveats

Dorian LPG Ltd. (LPG) pays a quarterly dividend yielding 7.20% ($3.35/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (30%)
  • 278% total price return over 5 years

Risks

  • Cut its dividend in 2025

Key Data

Dividend Yield
7.20%
Payout Ratio
30%
Annual Dividend
$3.35
5-Yr Avg Growth
—
Ex-Dividend Date
Nov 9, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.78
Market Cap
$2.0B
P/E Ratio
4.1
5-Yr Total Return
278%
52-Week Range
$23.76 – $59.97
Dividend Safety
C · 58/100
Ever Cut?
Yes (2025)

LPG dividend raises and cuts

Dorian LPG Ltd. (LPG) has raised its regular dividend 4 times and cut it 2 times across the 20 payments on record since 2021. Its most recent change was a 42.9% increase to $1.00 per share, going ex-dividend on May 18, 2026. The last cut went ex-dividend on May 16, 2025.

Ex-dateChangeOld → newMove
May 18, 2026Raise$0.700 → $1.00+42.9%
Feb 9, 2026Raise$0.650 → $0.700+7.7%
Nov 17, 2025Raise$0.600 → $0.650+8.3%
Aug 12, 2025Raise$0.500 → $0.600+20.0%
May 16, 2025Cut$0.700 → $0.500−28.6%
Feb 5, 2025Cut$1.00 → $0.700−30.0%
Every LPG payment →Download every raise and cut (CSV)
LPG ex-dividend date & scheduleNext ex-date Nov 9, 2026 · full ex-dividend historyView →LPG dividend historyEvery payment, totals by year, raises and cutsView →LPG dividend calculator100 shares pay $335.00 a year, $83.75 each quarterCalculate →LPG total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is LPG a good dividend stock?

Yes, with caveats. Dorian LPG Ltd. (LPG) pays a quarterly dividend yielding 7.20% ($3.35/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is LPG undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LPG's fair value is about $71.08 versus a $46.55 share price — so it looks undervalued (+53% vs. fair value).

Is LPG's dividend safe?

LPG has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is LPG's fair value?

Our blended fair-value estimate for LPG is about $71.08 per share, roughly 53% above the current $46.55 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is LPG a buy, hold, or sell?

We don't issue formal ratings, but on the data LPG screens as "yes, with caveats" and undervalued. Dorian LPG Ltd. (LPG) pays a quarterly dividend yielding 7.20% ($3.35/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will LPG cut its dividend?

LPG earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does LPG pay a dividend?

Yes. Dorian LPG Ltd. pays a quarterly dividend of about $3.35 per share annually, a forward yield of roughly 7.20%.

How much dividend does 100 shares of LPG pay?

At $3.35 per share a year, 100 shares of LPG pay $335.00 a year in dividends before tax, about $83.75 each quarter. Buying them costs about $4,655 at the Nov 8, 2026 price.

What is LPG's dividend yield?

As of Nov 8, 2026, LPG's forward dividend yield is 7.20%, based on a $3.35 annual dividend and a $46.55 share price.

What is LPG's dividend per share?

As of Nov 8, 2026, LPG pays $3.35 per share per year, distributed on a quarterly basis.

What is LPG's dividend payout ratio?

As of Nov 8, 2026, LPG's payout ratio is 30% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has LPG grown its dividend?

LPG does not currently have a long dividend-growth streak on record.

When is the next LPG ex-dividend date?

As of Nov 8, 2026, the next ex-dividend date on record for LPG is Nov 9, 2026.

LPG Dividend News

LPG
IncreaseLPG·Nov 4, 2026

Dorian LPG Raises Irregular Dividend 25.0% to $1.25

Dorian LPG lifted its irregular quarterly dividend 25.0% to $1.25, extending capital returns after strong freight rates and vessel sales boosted liquidity.

LPG
IncreaseLPG·Jun 12, 2026

Dorian LPG Raises Quarterly Dividend to $1.00

Dorian LPG increased its quarterly dividend to $1.00 a share, lifting the payout from $0.70 for shareholders tied to the May 18, 2026 ex-dividend date.

Income Calculator

At $3.35 / yr per share

Per payment (quarterly)$83.75
Annual$335.00
Monthly avg$27.92
Full LPG dividend calculator →

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