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BWLP
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173 days

BW LPG Limited - Financial Results for Q4 2024

1. BWLP declared a Q4 2024 cash dividend of $0.42 per share. 2. Completed acquisition of 12 VLGCs, impacting future revenue potential.

Earnings
-2.49%Current Return
VS
-1.6%S&P 500
$11.6502/27 02:33 AM EDTEvent Start
$11.3602/28 09:28 AM EDTLatest Updated
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FAQ

Why Bullish?

The cash dividend indicates strong cash flow management and investor returns, potentially boosting BWLP's stock price. Historically, similar dividend announcements led to increased investor confidence and stock price appreciation.

How important is it?

The acquisition and dividend declaration are significant for BWLP's financial position, likely affecting stock price and attractiveness to investors.

Why Short Term?

The immediate cash dividend and acquisition news are likely to attract investor interest in the coming quarters. Recent trends show that dividend announcements can result in quick price movements.

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AVANCEGLOGDHT
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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