Tanker shares are slipping despite record earnings, but that will not push DHT Holdings to change its dividend strategy.
After the close on Tuesday, the New York-listed VLCC owner posted its second-consecutive record-breaking quarter, with a $72.2m profit, while cutting a $0.35 per share dividend for the 41st consecutive quarter.
Still, its share price fell $0.44 to $6.39 on Wednesday, prompting analysts to ask if DHT would shift to share buybacks.
