DHT Holdings Raises Quarterly Dividend 90.6% to $1.22 Per Share

DHT Holdings, Inc. (DHT) has announced a significant increase in its quarterly dividend. The new payment of $1.2200 per share represents a 90.62% rise from the previous $0.6400, with an ex-dividend date of August 17, 2026. This marks a notable boost for shareholders as the company continues to adjust its payout.

The numbers

According to DHT's dividend calculator, the new quarterly rate annualizes to $4.88 per share, based on the current price of $18.90, implying a forward yield of approximately 25.8%. However, the trailing twelve-month (TTM) dividend per share stands at $2.2700, yielding 12.01% at the current price. The company's recent dividend history shows variability: payments were $0.22 in Nov 2024, $0.17 in Feb 2025, $0.15 in May 2025, $0.41 in Feb 2026, and $0.64 in May 2026, before this jump to $1.22. Despite the raise, DHT has not recorded consecutive years of dividend increases, and its 5-year dividend CAGR is -25.0%, reflecting past cuts.

What it means for income investors

For income investors, this raise translates to an additional $58 per year for every 100 shares held, compared to the previous quarterly rate. The new annualized dividend of $4.88 per share would generate $488 annually per 100 shares at the current rate. However, given the company's inconsistent dividend history, investors should note that future payments are not guaranteed. The ex-dividend date of August 17, 2026, is crucial for those seeking to qualify for this payment.

Reporting based on: DividendSmart market data. Figures verified against market data where available.