Q: Your updated analysis of dht.un would.be appreciated.
5i Research Answer:
DHT offers a 3.58% yield and a relative cheap valuation. Its size adds some risk. Growth has been mixed, but 2026 is expected to see faster growth. Payout ratio is fairly low and the business is 'usually' stable. The distribution was last raised in November 2024. Debt is fairly high, as is common with the sector. We see it as OK for small cap income investors, but not altogether exciting. It is priced right, however.