DHT Holdings Inc Plans Quarterly Dividend of $0.02 (DHT)
DHT Holdings (NYSE:DHT) announced a quarterly dividend on Friday, August 29th, StockRatingsNetwork.com reports. Investors of record on Tuesday, September 9th will be paid a dividend of 0.02 per share on Wednesday, September 17th. This represents a $0.08 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Friday, September 5th.
DHT has been the subject of a number of recent research reports. Analysts at Jefferies Group upgraded shares of DHT Holdings from a “hold” rating to a “buy” rating in a research note on Monday, July 28th. They now have a $9.00 price target on the stock. Analysts at Canaccord Genuity initiated coverage on shares of DHT Holdings in a research note on Tuesday, July 8th. They set a “buy” rating and a $10.00 price target on the stock. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $8.88.
Shares of DHT Holdings (NYSE:DHT) traded down 1.82% on Friday, hitting $7.00. The stock had a trading volume of 511,383 shares. DHT Holdings has a 1-year low of $3.99 and a 1-year high of $8.57. The stock’s 50-day moving average is $6.87 and its 200-day moving average is $7.39. The company’s market cap is $485.9 million.
DHT Holdings (NYSE:DHT) last announced its earnings results on Wednesday, August 27th. The company reported ($0.12) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.12). During the same quarter last year, the company posted ($0.50) earnings per share. Analysts expect that DHT Holdings will post $-0.04 EPS for the current fiscal year.
DHT Holdings, Inc (NYSE:DHT) provides transportation services to oil companies and trades internationally with a fleet of crude oil tankers in the very large crude carriers (VLCC), Aframax and Suezmax segments.
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