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BW LPG Limited - Financial Results for Q4 2024

1. BWLP declared a Q4 2024 dividend of $0.42 per share. 2. The acquisition of 12 VLGCs from Avance Gas was partially funded by new BW shares.

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Why Bullish?

The dividend announcement indicates strong cash flow, which may attract investors. Past dividend announcements have led to stock price increases in similar sectors.

How important is it?

The announcements of dividends and acquisitions often have significant implications for stock values and investor sentiment.

Why Short Term?

The immediate effect of the dividend payment will be felt in the short term. Market reaction to the acquisition could also influence short-term pricing.

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SINGAPORE--(BUSINESS WIRE)--Highlights and Subsequent Events - TCE income – Shipping Q4 2024 was US$37,900 per available day and US$36,700 per calendar day. - The Company declared a Q4 2024 cash dividend of US$0.42 per share. This dividend consists of 75% of Shipping NPAT Q4 2024, and dividends from BW Product Services. - Completion of the acquisition of 12 modern VLGCs from Avance Gas Holdings Ltd. (“Avance Gas”). The deal was partially funded through the issuance of 19.282 million new BW LPG.

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