BW LPG (BWLP) reported Q1 earnings Tuesday of $1.08 per diluted share, up from $0.30 a year earlier.
Revenue for shipping and product services for the quarter ended March 31 was $838.9 million, compared with $862.1 million a year earlier.
The company also increased its quarterly cash dividend to $0.67 per share from $0.57 in the previous quarter. The increased dividend is payable June 23 to shareholders of record as of June 12.