Tanker Shipping Stocks Offer High Dividend Yields With Upside Potential As Oil Market Dynamics Improve

Investors seeking high dividend yields should consider stocks like DHT Holdings (DHT) and Frontline (FRO) which offer 8% and 6.4% yields respectively.

These tanker shipping companies pay high, reliable dividends based on quarterly earnings. Both recently raised dividends over 15%.

Tanker market dynamics are improving, with growing oil production volumes and potential for more OPEC exports. This benefits tanker companies.

DHT has a modern, young fleet of tankers and trades at discount to potential 26% upside. Frontline also has mostly young vessels.

Analyst Omar Nokta upgraded both stocks to Buy ratings, impressed by high payout ratios tied to earnings. His target prices suggest 20-30% upside for each.