News

We provide the latest news
from the world of economics and finance

21 May
Cash Dividend On The Way From DHT Holdings

Looking at the universe of stocks we cover at Dividend Channel, on 5/23/24, DHT Holdings Inc (Symbol: DHT) will trade ex-dividend, for its quarterly dividend of $0.29, payable on 5/31/24. As a percentage of DHT's recent stock price of $12.61, this dividend works out to approximately 2.30%, so look for shares of DHT Holdings Inc to trade 2.30% lower — all else being equal — when DHT shares open for trading on 5/23/24.

DHT+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DHT is likely to continue, and whether the current estimated yield of 9.20% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DHT shares, versus its 200 day moving average:

DHT Holdings Inc 200 Day Moving Average Chart

Looking at the chart above, DHT's low point in its 52 week range is $7.60 per share, with $12.80 as the 52 week high point — that compares with a last trade of $12.72.

In Tuesday trading, DHT Holdings Inc shares are currently up about 1% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:

AHT Price Target
TWTR shares outstanding history
Top Ten Hedge Funds Holding SDRL

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.