DHT Holdings, Inc. (DHT) To Go Ex-Dividend on February 19th

DHT Holdings, Inc. (NYSE:DHT) announced a quarterly dividend on Tuesday, February 3rd. Shareholders of record on Thursday, February 19th will be paid a dividend of 0.41 per share by the shipping company on Thursday, February 26th. This represents a c) annualized dividend and a yield of 11.6%. The ex-dividend date is Thursday, February 19th. This is a 127.8% increase from DHT’s previous quarterly dividend of $0.18.

DHT has raised its dividend payment by an average of 0.4%annually over the last three years. DHT has a payout ratio of 46.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect DHT to earn $1.41 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 51.1%.

DHT Trading Up 1.8%

Shares of DHT stock traded up $0.26 during midday trading on Thursday, reaching $14.20. 1,680,584 shares of the company’s stock traded hands, compared to its average volume of 2,542,344. DHT has a 12 month low of $8.99 and a 12 month high of $14.49. The stock has a 50 day moving average of $12.93 and a 200-day moving average of $12.41. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.02 and a current ratio of 2.41. The company has a market cap of $2.28 billion, a PE ratio of 11.45 and a beta of -0.07.

DHT (NYSE:DHT) last released its earnings results on Wednesday, February 4th. The shipping company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The company had revenue of $117.80 million during the quarter, compared to analysts’ expectations of $116.96 million. DHT had a return on equity of 17.05% and a net margin of 41.17%.The firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.34 EPS. As a group, equities analysts expect that DHT will post 0.94 EPS for the current fiscal year.

More DHT News

Here are the key news stories impacting DHT this week:

• Positive Sentiment: Big dividend raise: DHT announced a quarterly dividend of $0.41 (ex-dividend Feb 19, payable Feb 26), a 127.8% increase from the prior quarter and implying an ~11.6% yield — a clear positive for income-focused investors and a catalyst for demand in the stock.
• Positive Sentiment: Analyst upgrade: BTIG upgraded DHT to Buy and raised its target to $18, signaling stronger sell‑side conviction and adding upward pressure on the share price. Read More.
• Positive Sentiment: Q4 results beat/beat-and-in-line: DHT reported $0.41 EPS (vs. ~$0.40 consensus) and revenue above estimates; margins and net income improved year‑over‑year, and operating cash generation was solid. Management materials and the conference call were released for details. Note: capital spending rose sharply in the period (large PPE purchases), which investors should monitor as it affects free cash flow. Read More.
• Neutral Sentiment: Industry commentary — “fundamental shift”: TradeWinds reports DHT was the first VLCC owner to specifically reference the Sinokor–Aponte partnership (“goliath”) on its earnings call, highlighting competitive/structural changes in VLCC supply or charter dynamics that could be positive or negative depending on execution. Read More.
• Neutral Sentiment: Company disclosures: Slide deck and conference call recording/transcript available — useful for parsing forward guidance, booking cadence and charter coverage details. Read More.
• Negative Sentiment: Broker downgrade/concern on near‑term bookings: ABG Sundal Collier downgraded DHT after Q1 booking rates disappointed, flagging booking pace as a downside risk for near‑term earnings visibility. Read More.

DHT Company Profile

DHT Holdings, Inc (NYSE: DHT) is a Bermuda-based independent crude oil tanker company that provides seaborne transportation of crude oil on a worldwide basis. The company’s core business involves the ownership and operation of a modern fleet of Very Large Crude Carriers (VLCCs) and Suezmax tankers, which are chartered to oil producers, trading houses and national oil companies. Through spot charters, time-charters and tanker pooling arrangements, DHT connects crude oil exporters with refining hubs in Asia, Europe, North America and other global markets.

Founded in 2005 and listed on the New York Stock Exchange later that year, DHT has grown its presence in the maritime sector by focusing on operational efficiency and disciplined capital management.