Dividend Growth of DHT Holdings, Inc.(DHT)

DHT Holdings(DHT) is having a Dividend Yield of 6.68% with the Annual cash Dividend per share of $0.71. The last quarter cash dividend per share pay out was $0.02. DHT Holdings has a 5 year average dividend yield of 7.38% and the stock has a Indicated annual dividend of $0.32. DHT Holdings(DHT) formally announced its most recent dividend on January 31, 2017 with a Dividend per share of $0.08. The new indicated annual dividend based on announced dividend per share is $0.32. The dividend yield based on the forward looking indicated annual dividend is 6.68%. DHT Holdings(DHT) has the most recent dividend payout ratio of 0.1 with a 5-year average payout ratio of 0.59. The Ex-Dividend amount last paid was $0.08 on February 10, 2017. The 5 year historical dividend growth of DHT Holdings(DHT) is at the rate of 11.61% while the R-Squared dividend growth is 0.02. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

DHT Holdings, Inc. (NYSE:DHT) witnessed a decline in the market cap on Thursday as its shares dropped 0.63% or 0.03 points. After the session commenced at $4.75, the stock reached the higher end at $4.7953 while it hit a low of $4.72. With the volume soaring to 761,976 shares, the last trade was called at $4.76. The company has a 52-week high of $6.48. The company has a market cap of $444 million and there are 93,366,062 shares in outstanding. The 52-week low of the share price is $3.29. DHT Holdings, Inc. has dropped 1.24% in the last five trading days, however, the shares have posted positive gains of 14.4% in the last 4 weeks. DHT Holdings, Inc. is up 31.14% in the last 3-month period. Year-to-Date the stock performance stands at 16.88%.

Institutional Investors own 59.9% of DHT Holdings, Inc. shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 30, 2017 to Hold, Raises Price Target to $ 5 from a previous price target of $4.50 .DHT Holdings Inc was Resumed by Maxim Group on Dec 20, 2016 to Buy, Price Target of the shares are set at $7.50.

DHT Holdings Inc Last issued its quarterly earnings results on Jan 30, 2017. The company reported $0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.12. The company had revenue of $67.00 million for the quarter, compared to analysts expectations of $64.61 million. The companys revenue was down -16.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.31 EPS.

DHT MARITIME INC., formerly Double Hull Tankers, Inc. operates a fleet of double-hull crude oil tankers on international routes. DHTs modern fleet consists of three Very Large Crude Carriers, two Suezmax tankers and four Aframax tankers. DHT intends to pursue a strategy of providing shareholders with a stable and visible distribution and also position the Company to use its incremental cash flow to fund future growth opportunities.


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