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DHT Holdings (MEX:DHT) 3-Year Dividend Growth Rate : -5.20% (As of Sep. 2024)


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What is DHT Holdings 3-Year Dividend Growth Rate?

DHT Holdings's Dividends per Share for the three months ended in Sep. 2024 was MXN5.32.

The historical rank and industry rank for DHT Holdings's 3-Year Dividend Growth Rate or its related term are showing as below:

MEX:DHT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -72.8   Med: -34   Max: 107
Current: -5.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of DHT Holdings was 107.00% per year. The lowest was -72.80% per year. And the median was -34.00% per year.

MEX:DHT's 3-Year Dividend Growth Rate is ranked worse than
87.75% of 302 companies
in the Oil & Gas industry
Industry Median: 15.3 vs MEX:DHT: -5.20

During the past 12 months, DHT Holdings's average Dividends Per Share Growth Rate was -3.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -5.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 31.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

DHT Holdings's Dividend Payout Ratio for the three months ended in Sep. 2024 was 1.23. As of today, DHT Holdings's Dividend Yield % is 9.47%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of DHT Holdings Inc is 0.97, which seems too high.

Good Sign:

DHT Holdings Inc stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of DHT Holdings's 3-Year Dividend Growth Rate

For the Oil & Gas Midstream subindustry, DHT Holdings's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DHT Holdings's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DHT Holdings's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where DHT Holdings's 3-Year Dividend Growth Rate falls into.



DHT Holdings 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


DHT Holdings  (MEX:DHT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

DHT Holdings's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=5.316/ 4.332
=1.23

During the past 13 years, the highest Dividend Payout Ratio of DHT Holdings was 1.56. The lowest was 0.35. And the median was 0.74.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of DHT Holdings Inc is 0.97, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

DHT Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2200002024-11-222024-11-222024-11-29Cash DividendquarterlyUSD:MXN 20.338100
USD 0.2700002024-08-232024-08-232024-08-30Cash DividendquarterlyUSD:MXN 19.138200
USD 0.2900002024-05-232024-05-242024-05-31Cash DividendquarterlyUSD:MXN 16.803300
USD 0.2200002024-02-202024-02-212024-02-28Cash DividendquarterlyUSD:MXN 17.093700

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

DHT Holdings's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=18.275267/196.00
=9.32 %

Current Share Price is MXN196.00.
DHT Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN18.275267.

During the past 13 years, the highest Dividend Yield of DHT Holdings was 25.81%. The lowest was 0.90%. And the median was 5.58%.

Good Sign:

DHT Holdings Inc stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DHT Holdings 3-Year Dividend Growth Rate Related Terms>


DHT Holdings Business Description

Industry
Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
DHT Holdings Inc is a crude oil tanker company. It is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC. It generates revenues from time charter and spot market operations. Its fleets consist of very large crude carriers known as VLCCs that range in size from 270,000 to 320,000 deadweight tons. Geographically, DHT operates in Monaco, Oslo, Norway, and Singapore. The company generates the majority of its revenue from the shipping revenues.