5 Oil Tanker Stocks That Pay Dividends

4. DHT Holdings, Inc. (NYSE:DHT)

Number of Hedge Fund Holders: 16

Forward Dividend Yield: 1.34%    

DHT Holdings, Inc. (NYSE:DHT) owns and operates crude oil tankers. The company has solid finances, evidenced by a handsome earnings beat in the fourth quarter of 2021 and 15 years of consistent dividend payouts for shareholders. On February 7, it declared a quarterly dividend of $0.02 per share, in line with previous. The Russian invasion of Ukraine and high energy prices due to post-pandemic rise in demand as well as supply chain problems have all served to boost the shares of the firm in the past few weeks. 

In early January, DHT Holdings, Inc. (NYSE:DHT) stock climbed more than 4% after the company announced that it had purchased 561,111 of its own shares at an average price of  $5.2848 per share. The chunk represents nearly 0.3% of the outstanding stock. 

At the end of the fourth quarter of 2021, 16 hedge funds in the database of Insider Monkey held stakes worth $84 million in DHT Holdings, Inc. (NYSE:DHT), up from 15 in the previous quarter worth $110 million.

Among the hedge funds being tracked by Insider Monkey, New York-based firm Renaissance Technologies is a leading shareholder in DHT Holdings, Inc. (NYSE:DHT) with 4.2 million shares worth more than $22 million.