DHT Holdings (DHT) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
DHT Holdings reported a net profit of $35.2 million for Q3 2024, with shipping revenues reaching $141.1 million, amidst a challenging economic backdrop influenced by Chinese economic conditions and OPEC+ strategies. The company declared a consistent cash dividend of $0.22 per share, maintaining its commitment to shareholder returns. Additionally, DHT Holdings secured a lucrative time charter contract for the DHT Lion at $55,000 per day, reflecting strategic operational moves.
For further insights into DHT stock, check out TipRanks’ Stock Analysis page.