DHT Holdings Raises Quarterly Dividend to $1.22

DHT Holdings, Inc. increased its quarterly dividend to $1.22 per share from $0.64, a 90.63% rise. The shares traded ex-dividend on Aug. 17, 2026.

At the supplied share price of $19.72, the new rate implies an annualized dividend of $4.88 per share and a forward annual yield of 24.62%. That calculation assumes the quarterly payment remains unchanged, which is not guaranteed under DHT’s earnings-based distribution policy.

The increase followed what DHT called the strongest quarter in its history. The crude-oil tanker operator reported that second-quarter profit benefited from exceptionally strong tanker-market conditions and commercial performance. Ordinary net income, which excludes specified noncash items, closely matched the newly declared per-share distribution. DHT’s second-quarter results filed with the SEC

DHT operates internationally in the very large crude carrier, or VLCC, segment. Its fleet combines exposure to spot-market rates with fixed-income charter contracts, giving the company both sensitivity to tanker-market conditions and some contracted revenue. DHT company overview

A variable payout tied to earnings

The company’s policy is to distribute 100% of ordinary net income through quarterly cash dividends. DHT adjusts reported income for noncash items and capital gains or losses when calculating that measure, and its board retains discretion to change the policy. DHT dividend policy

That structure helps explain the large quarter-to-quarter increase but also means the latest payment should not be interpreted as a fixed run rate. Dividends can rise or fall with freight rates, vessel utilization, operating costs and other factors affecting ordinary net income. The supplied data show no consecutive annual dividend-growth streak and indicate that the payout was previously cut in 2024.

What it means for income investors

The higher payment materially increases near-term cash income for eligible shareholders. However, the 24.62% forward yield is a simple annualization of a variable quarterly dividend, not a company commitment to maintain four identical payments. The supplied dividend-safety score is 43 out of 100, carrying a grade of D, consistent with the payout’s exposure to cyclical tanker earnings.