Not so long ago there was a member that had submitted to a few directories hoping to get backlinks from the effort.
To his dismay, the directories came up in the SERPs better than his site.
Some of the ones that linked back to the site were “nofollow”.
And the others linked to other pages within the directory site not his.
And the other pages also included competitor sites.
So if the goal is possible traffic, well, maybe.
If the goal is backlinks, it’s time to catch up with the present and forget about outdated SEO shenanigans.
Put your time and efforts into having a site others will want to link to on their own initiative.