DHT Holdings, Inc.
DHTEnergy · Oil & Gas Midstream · Stock · quarterly payer
Forward Yield
19.84%
Annual Dividend
$4.88
Payout Ratio
50%
5-Yr Growth
-13.9%
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Key facts about DHT's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, DHT Holdings, Inc. (DHT) has a forward dividend yield of 19.84%, based on an annual dividend of $4.88 per share and a share price of $24.60.
- As of Oct 27, 2026, DHT's dividend safety grade from SmarterDividends is D (46 out of 100), which rates the dividend as unsafe.
- DHT last cut its regular dividend in 2024.
- DHT's most recent ex-dividend date was Aug 17, 2026, for a dividend of $1.22 per share.
- As of Oct 27, 2026, DHT pays out 50% of its trailing 12-month earnings as dividends (its payout ratio).
- DHT's dividend has shrunk at an average rate of 13.9% a year over the past five years.
- As of Oct 27, 2026, DHT's 19.84% yield is 259% above its five-year average yield of 5.53%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for DHT is $29.49 per share, 20% above the $24.60 share price, so DHT screens as undervalued.
- DHT Holdings, Inc. (DHT) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "DHT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/DHT
Summary
As of Oct 27, 2026, DHT Holdings, Inc. (DHT) yields 19.84% ($4.88 a year per share) and has a dividend safety grade of D (46/100).
Is DHT a good dividend stock?
MixedDHT Holdings, Inc. (DHT) pays a quarterly dividend yielding 19.84% ($4.88/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (50%)
- 343% total price return over 5 years
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Below-average dividend safety score
Key Data
- Dividend Yield
- 19.84%
- Payout Ratio
- 50%
- Annual Dividend
- $4.88
- 5-Yr Avg Growth
- -13.9%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- -0.06
- Market Cap
- $4.0B
- P/E Ratio
- 8.4
- 5-Yr Total Return
- 343%
- 52-Week Range
- $11.64 – $26.91
- Dividend Safety
- D · 46/100
- Ever Cut?
- Yes (2024)
DHT dividend changes
DHT Holdings, Inc. (DHT) pays a variable dividend: across the 78 payments on record since 2006, 18 were higher than the one before and 18 lower. The latest change was up 56.1% to $0.640 per share, going ex-dividend on May 21, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 21, 2026 | Higher | $0.410 → $0.640 | +56.1% |
| Feb 19, 2026 | Higher | $0.150 → $0.410 | +173.3% |
| May 21, 2025 | Lower | $0.170 → $0.150 | −11.8% |
| Feb 18, 2025 | Lower | $0.220 → $0.170 | −22.7% |
| Feb 20, 2024 | Higher | $0.190 → $0.220 | +15.8% |
| Nov 20, 2023 | Lower | $0.230 → $0.190 | −17.4% |
| May 17, 2023 | Higher | $0.0400 → $0.230 | +475.0% |
| Aug 22, 2022 | Higher | $0.0200 → $0.0400 | +100.0% |
| Aug 18, 2021 | Lower | $0.0400 → $0.0200 | −50.0% |
| May 18, 2021 | Lower | $0.0500 → $0.0400 | −20.0% |
| Feb 17, 2021 | Lower | $0.350 → $0.0500 | −85.7% |
| May 18, 2020 | Higher | $0.320 → $0.350 | +9.4% |
Frequently Asked Questions
Is DHT a good dividend stock?
Mixed. DHT Holdings, Inc. (DHT) pays a quarterly dividend yielding 19.84% ($4.88/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is DHT undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DHT's fair value is about $29.49 versus a $24.60 share price — so it looks undervalued (+20% vs. fair value).
Is DHT's dividend safe?
DHT has a dividend-safety grade of D (46/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.
What is DHT's fair value?
Our blended fair-value estimate for DHT is about $29.49 per share, roughly 20% above the current $24.60 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DHT a buy, hold, or sell?
We don't issue formal ratings, but on the data DHT screens as "mixed" and undervalued. DHT Holdings, Inc. (DHT) pays a quarterly dividend yielding 19.84% ($4.88/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will DHT cut its dividend?
DHT earns a dividend-safety grade of D (46/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DHT pay a dividend?
Yes. DHT Holdings, Inc. pays a quarterly dividend of about $4.88 per share annually, a forward yield of roughly 19.84%.
What is DHT's dividend yield?
As of Oct 27, 2026, DHT's forward dividend yield is 19.84%, based on a $4.88 annual dividend and a $24.60 share price.
What is DHT's dividend per share?
As of Oct 27, 2026, DHT pays $4.88 per share per year, distributed on a quarterly basis.
What is DHT's dividend payout ratio?
As of Oct 27, 2026, DHT's payout ratio is 50% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has DHT grown its dividend?
DHT does not currently have a long dividend-growth streak on record.
When is the next DHT ex-dividend date?
As of Oct 27, 2026, DHT's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $1.22 per share.
DHT Price — Last 12 Months
Daily close
Price Return
1 Year
+89%
3 Years
+147%
5 Years
+343%
52-Week Range
$11.64 – $26.91
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DHT worth?
Undervaluedlow confidenceOur blended fair-value estimate for DHT Holdings, Inc. is $29.49 per share, versus a market price of $24.60. That implies 20% of upside — a margin of safety of about 17%.
Fair Value
$29.49
Current Price
$24.60
Upside
+20%
Margin of Safety
17%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 14.2% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $2.94 EPS, $4.88 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DHT Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full DHT dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 17, 2026 | Aug 24, 2026 | $1.2200 | regular |
| May 21, 2026 | May 28, 2026 | $0.6400 | regular |
| Feb 19, 2026 | Feb 26, 2026 | $0.4100 | regular |
| May 21, 2025 | May 28, 2025 | $0.1500 | regular |
| Feb 18, 2025 | Feb 25, 2025 | $0.1700 | regular |
| Nov 22, 2024 | Nov 29, 2024 | $0.2200 | regular |
| Aug 23, 2024 | Aug 30, 2024 | $0.2700 | regular |
| May 23, 2024 | May 31, 2024 | $0.2900 | regular |
| Feb 20, 2024 | Feb 28, 2024 | $0.2200 | regular |
| Nov 20, 2023 | Nov 28, 2023 | $0.1900 | regular |
| Aug 22, 2023 | Aug 30, 2023 | $0.3500 | regular |
| May 17, 2023 | May 25, 2023 | $0.2300 | regular |
| Feb 16, 2023 | Feb 24, 2023 | $0.3800 | regular |
| Nov 21, 2022 | Nov 29, 2022 | $0.0400 | regular |
DHT Dividend News
DHT Holdings Raises Quarterly Dividend 90.6% to $1.22
DHT’s quarterly payout rises to $1.22 after record tanker earnings, while its variable policy and D safety grade underscore income volatility.
DHT Holdings Raises Quarterly Dividend 56.1% to $0.64
DHT’s quarterly payout rose to $0.64 as stronger tanker earnings lifted ordinary net income, but its variable policy and D safety grade signal volatility.
Income Calculator
At $4.88 / yr per share
Similar Dividend Stocks
Compare DHT
Explore more
Lists and tools related to DHT
- Stocks that pay dividends in February →
- Undervalued dividend stocks →
- Energy dividend stocks →
- DHT dividend calculator →
- DHT DRIP calculator →
- DHT: last day to buy for the dividend →
- Embed DHT dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →