Embodiments of the invention provide a lubricant dispensing device, which includes a ring, at least one hollow chamber, and at least one dispenser. The ring is sized and configured for attaching to a body part, typically, a penis of a user (though other configurations are possible). The at least one hollow chamber is configured to hold lubricant or other suitable substance. The lubricant dispenser is configured to squirt out lubricant when actuated by a user. In use, the device provides convenient lubrication during intercourse or other sexual activity. The device may include a heating element to heat the lubricant prior to dispensing. The device may further include a vibrator to impart massage to the user, or to the users sexual partner during sexual activity.