Shares of BW LPG Limited (OTCMKTS:BWLLYGet Rating) shot up 3.1% during trading on Tuesday . The stock traded as high as $8.30 and last traded at $8.30. 1,000 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 1,068 shares. The stock had previously closed at $8.05.

BW LPG Price Performance

The firm has a 50-day moving average of $7.92 and a 200 day moving average of $6.79.

BW LPG Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, June 27th. Stockholders of record on Monday, May 30th were paid a $0.2712 dividend. The ex-dividend date of this dividend was Friday, May 27th. This is a positive change from BW LPG’s previous dividend of $0.16. This represents a dividend yield of 8.45%.

About BW LPG

(Get Rating)

BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. The company operates through two segments, Very Large Gas Carriers (VLGCs) and Product Services. It is involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies.

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