Seacor Holdings hands out Dorian shares to investors

Seacor Holdings shareholders are set for an extra payday in the form of Dorian LPG stock.

New York-listed Seacor is the largest shareholder in the VLGC owner and is distributing 3,977,135 shares among its own investors.

Seacor and Greek owner Dorian Holdings were the two shareholders in Dorian LPG before it first tapped the capital markets in Oslo in the summer of 2013.