DHT Holdings, Inc.
DHTEnergy · Stock · quarterly payer
Forward Yield
22.77%
Annual Dividend
$4.88
Payout Ratio
50%
5-Yr Growth
-13.9%
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Summary
As of September 2026, DHT Holdings, Inc. (DHT) yields 22.77% ($4.88 per share annually), with a blended fair-value estimate of $27.53 — +32% upside, so it screens as undervalued. Dividend safety grade: D (46/100).
Is DHT a good dividend stock?
MixedDHT Holdings, Inc. (DHT) pays a quarterly dividend yielding 22.77% ($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%)
- 237% 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
- 22.77%
- 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
- -0.12
- Market Cap
- $3.5B
- P/E Ratio
- 7.3
- 5-Yr Total Return
- 237%
- 52-Week Range
- $10.83 – $22.28
- Dividend Safety
- D · 46/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
DHT Price — Last 12 Months
Daily close
Price Return
1 Year
+84%
3 Years
+114%
5 Years
+237%
52-Week Range
$10.83 – $22.28
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 $27.53 per share, versus a market price of $20.87. That implies 32% of upside — a margin of safety of about 24%.
Fair Value
$27.53
Current Price
$20.87
Upside
+32%
Margin of Safety
24%
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 14.4% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 17, 2026 | — | $1.2200 | regular |
| May 21, 2026 | — | $0.6400 | regular |
| Feb 19, 2026 | — | $0.4100 | regular |
| May 21, 2025 | — | $0.1500 | regular |
| Feb 18, 2025 | — | $0.1700 | regular |
| Nov 22, 2024 | — | $0.2200 | regular |
| Aug 23, 2024 | — | $0.2700 | regular |
| May 23, 2024 | — | $0.2900 | regular |
| Feb 20, 2024 | — | $0.2200 | regular |
| Nov 20, 2023 | — | $0.1900 | regular |
| Aug 22, 2023 | — | $0.3500 | regular |
| May 17, 2023 | — | $0.2300 | regular |
| Feb 16, 2023 | — | $0.3800 | regular |
| Nov 21, 2022 | — | $0.0400 | regular |
DHT Dividend News
DHT Holdings Raises Quarterly Dividend to $1.22
DHT Holdings increased its quarterly dividend by 90.63% after record quarterly earnings and exceptionally strong tanker-market conditions.
DHT Holdings Raises Quarterly Dividend
DHT Holdings increased its quarterly dividend to $0.64 a share from $0.41, with the stock trading ex-dividend on May 21, 2026.
Income Calculator
At $4.88 / yr per share
