DHT Holdings: VLCC Pure Play For Dividend Seekers
DHTDHT(DHT) Seeking Alpha·2024-09-11 00:25

Alexey Bakharev Note: I have previously covered DHT Holdings (NYSE:DHT). In my previous article on DHT's 2023 results, I pointed out the company's strengths, such as its VLCConly fleet, adequate liquidity, and robust capital structure. In addition, DHT distributes attractive dividends with a 9.2% TTM yield. Since then, OPEC+ has applied production cuts, which have been extended until November 2024. The Chinese economy has also shown signs of weakness. Nevertheless, crude oil tanker fundamentals have not cha ...