DHT Holdings Q1 2026 Profit $164.5M, EPS $1.02; Dividend $0.64

DHT Holdings reported a net profit of $164.5 million and basic EPS of $1.02 for Q1 2026, significantly up from Q1 2025. Shipping revenues increased to $186.3 million. The company declared a cash dividend of $0.64 per share, consistent with its policy to pay out 100% of ordinary net income. Operational highlights include average combined time charter equivalent earnings of $78,800 per day, the sale of two vessels for $101.6 million (recognizing a $60.0 million gain), and the delivery of three newbuilding vessels. For Q2 2026, 70% of available VLCC spot days are booked at an average rate of $168,300 per day, indicating a very strong outlook.