By the close of today, August 30, 2023, DHT Holdings DHT will issue a dividend payout of $0.35 per share, resulting in an annualized dividend yield of 14.26%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on August 22, 2023.
DHT Holdings Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-22 | 4 | $0.35 | 14.26% | 2023-08-08 | 2023-08-23 | 2023-08-30 |
| 2023-05-17 | 4 | $0.23 | 9.68% | 2023-05-02 | 2023-05-18 | 2023-05-25 |
| 2023-02-16 | 4 | $0.38 | 17.59% | 2023-02-07 | 2023-02-17 | 2023-02-24 |
| 2022-11-21 | 4 | $0.04 | 1.69% | 2022-11-07 | 2022-11-22 | 2022-11-29 |
| 2022-08-22 | 4 | $0.04 | 2.18% | 2022-08-09 | 2022-08-23 | 2022-08-30 |
| 2022-05-18 | 4 | $0.02 | 1.43% | 2022-05-09 | 2022-05-19 | 2022-05-26 |
| 2022-02-16 | 4 | $0.02 | 1.61% | 2022-02-07 | 2022-02-17 | 2022-02-24 |
| 2021-11-15 | 4 | $0.02 | 1.25% | 2021-11-03 | 2021-11-16 | 2021-11-23 |
| 2021-08-18 | 4 | $0.02 | 1.47% | 2021-08-06 | 2021-08-19 | 2021-08-26 |
| 2021-05-18 | 4 | $0.04 | 2.61% | 2021-05-04 | 2021-05-19 | 2021-05-26 |
| 2021-02-17 | 4 | $0.05 | 3.35% | 2021-02-08 | 2021-02-18 | 2021-02-25 |
| 2020-11-17 | 4 | $0.2 | 16.0% | 2020-11-09 | 2020-11-18 | 2020-11-25 |
With a dividend yield that places it neither at the top nor the bottom, DHT Holdings finds itself in the middle among its industry peers, while TORM TRMD boasts the highest annualized dividend yield at 23.21%.
Analyzing DHT Holdings Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, there was a decline in the company's dividend per share, dropping from $0.20 in 2019 to $0.12 in 2022. This negative trend suggests a reduction in the company's dividend distribution, which requires careful investigation to identify the underlying causes.
YoY Earnings Growth For DHT Holdings
The earnings chart highlights a decrease in DHT Holdings's earnings per share, declining from $0.11 in 2019 to $-0.02 in 2022. This decline in earnings raises a red flag for income-seeking investors, as it suggests a potential decrease in the company's ability to generate cash for dividend payouts. It is essential to closely examine the factors behind this decrease and assess the long-term impact on dividend sustainability.
Recap
This article provides an in-depth analysis of DHT Holdings's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.35 per share, resulting in an annualized dividend yield of 14.26%.
With a dividend yield that places it neither at the top nor the bottom, DHT Holdings finds itself in the middle among its industry peers, while TORM boasts the highest annualized dividend yield at 23.21%.
The decline in dividend per share and earnings per share for DHT Holdings from 2019 to 2022 could signify a challenging financial situation, requiring careful consideration in terms of future profit distributions to shareholders.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
[Monitor live stock price updates for DHT Holdings on Benzinga.](https://www.benzinga.com/quote/DHT Holdings (NYSE: DHT))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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