Dorian LPG Ltd.
LPGEnergy · Stock · quarterly payer
Forward Yield
8.16%
Annual Dividend
$3.35
Payout Ratio
54%
5-Yr Growth
—
Ex-Date
Jul 27, 2026
Frequency
Quarterly
Summary
As of July 2026, Dorian LPG Ltd. (LPG) yields 8.16% ($3.35 per share annually), with a blended fair-value estimate of $47.72 — +16% upside, so it screens as undervalued. Dividend safety grade: C (54/100).
Is LPG a good dividend stock?
MixedDorian LPG Ltd. (LPG) pays a quarterly dividend yielding 8.16% ($3.35/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (54%)
- 210% total price return over 5 years
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.16%
- Payout Ratio
- 54%
- Annual Dividend
- $3.35
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jul 27, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.78
- Market Cap
- $1.8B
- P/E Ratio
- 9.0
- 5-Yr Total Return
- 210%
- 52-Week Range
- $23.76 – $48.12
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
LPG Price — Last 12 Months
Daily close
Price Return
1 Year
+28%
3 Years
+59%
5 Years
+210%
52-Week Range
$23.76 – $48.12
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LPG worth?
Undervaluedhigh confidenceOur blended fair-value estimate for Dorian LPG Ltd. is $47.72 per share, versus a market price of $41.03. That implies 16% of upside — a margin of safety of about 14%.
Fair Value
$47.72
Current Price
$41.03
Upside
+16%
Margin of Safety
14%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.2% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $4.54 EPS, $3.35 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LPG Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 18, 2026 | — | $1.0000 | regular |
| Feb 9, 2026 | — | $0.7000 | regular |
| Nov 17, 2025 | — | $0.6500 | regular |
| Aug 12, 2025 | — | $0.6000 | regular |
| May 16, 2025 | — | $0.5000 | regular |
| Feb 5, 2025 | — | $0.7000 | regular |
| Nov 5, 2024 | — | $1.0000 | regular |
| Aug 8, 2024 | — | $1.0000 | regular |
| May 7, 2024 | — | $1.0000 | regular |
| Feb 2, 2024 | — | $1.0000 | regular |
| Oct 19, 2023 | — | $1.0000 | regular |
| Aug 9, 2023 | — | $1.0000 | regular |
| May 5, 2023 | — | $1.0000 | regular |
| Feb 14, 2023 | — | $1.0000 | regular |
Income Calculator
At $3.35 / yr per share
