By the close of today, November 28, 2023, DHT Holdings DHT will issue a dividend payout of $0.19 per share, resulting in an annualized dividend yield of 6.75%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on November 20, 2023.
DHT Holdings Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-20 | 4 | $0.19 | 6.75% | 2023-11-03 | 2023-11-21 | 2023-11-28 |
| 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 |
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 18.93%.
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
As you can see, from 2019 to 2022, investors saw an average decrease in the company's dividend per share, decreasing from $0.20 in 2019 to $0.12 in 2022. This is not favorable for investors as it indicates a decline in the company's dividend payout over the years. Further analysis is recommended to understand the factors contributing to this decrease.
YoY Earnings Growth For DHT Holdings
The earnings chart displays a decline in DHT Holdings's earnings per share, decreasing from $0.11 in 2019 to $-0.02 in 2022. This downward trend in earnings raises concerns for income-seeking investors, as it suggests a potential impact on future cash dividend payouts. It is important to closely evaluate the factors contributing to this decrease to assess the company's financial health and dividend sustainability.
Recap
This article delves into the recent dividend payout of DHT Holdings and its implications for shareholders. Presently, the company is distributing a dividend of $0.19 per share, leading to an annualized dividend yield of 6.75%.
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 18.93%.
Given the decrease in both dividend per share and earnings per share, DHT Holdings may be facing financial headwinds, which could impact their ability to continue distributing profits to investors in the same manner.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
[See current stock movements 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
