DHT Holdings, Inc. Declares Cash Dividend for the First Quarter of 2024, Payable on May 31, 2024
May 15, 2024 at 04:50 pm EDT
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For the first quarter of 2024, DHT Holdings, Inc. declared a cash dividend of $0.29 per share of outstanding common stock, payable on May 31, 2024, to shareholders of record as of May 24, 2024. This marks the 57th consecutive quarterly cash dividend and is in line with the Company?s capital allocation policy to pay out 100% of net income. The shares will trade ex-dividend from May 23, 2024.
DHT Holdings, Inc. is an independent crude oil tanker company. The Companyâs fleet trades internationally and consists of crude oil tankers in the very large crude carriers (VLCC) segment. The Company operates through its integrated management companies in Monaco, Norway, Singapore, and India. Its primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. The Company is engaged in the ownership and operation of a fleet of crude oil carriers. The Company has about 23 vessels in operation, six vessels are on time charters and 17 vessels operating in the spot market. The fleet operates globally on international routes. The Companyâs fleets are comprised of DHT Appaloosa, DHT Mustang, DHT Bronco, DHT Colt, DHT Stallion, DHT Tiger, DHT Harrier, DHT Puma, DHT Panther, DHT Osprey, DHT Lion, DHT Leopard, DHT Jaguar, DHT Taiga, DHT Sundarbans, and DHT Scandinavia, among others.