Double Hull Tankers (DHT) Posts Q2 adj.-Loss of 2c, Misses Views; Declares $0.10 Quarterly Dividend; 10.4% Yield

August 26, 2010 7:21 AM EDT Send to a Friend
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Double Hull Tankers (NYSE: DHT) reports Q2 adjusted loss of $0.02, versus the analyst estimate of $0.07. Revenue for the quarter was $21.1 million, which compares to the estimate of $23.13 million.

The Board of Directors of DHT declared a quarterly cash dividend of $0.10 per share, $0.40 annualized.

The dividend is payable on September 17, 2010 for shareholders of record as of September 9, 2010. The ex-dividend date is September 7, 2010.

Yield on the dividend is 10.4%.


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