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| Ex-Div Reminder for Nordic American Tankers (NAT)By Dividend Channel Staff, Friday, March 15, 11:03 AM ET
On 3/19/24, Nordic American Tankers Ltd (NYSE:NAT) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 4/10/24. As a percentage of NAT's recent stock price of $4.06, this dividend works out to approximately 2.96%, so look for shares of Nordic American Tankers Ltd to trade 2.96% lower — all else being equal — when NAT shares open for trading on 3/19/24. Below is a dividend history chart for NAT, showing historical dividends prior to the most recent $0.12 declared by Nordic American Tankers Ltd: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NAT is likely to continue, and whether the current estimated yield of 11.82% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NAT shares, versus its 200 day moving average:
Looking at the chart above, NAT's low point in its 52 week range is $3.26 per share, with $4.83 as the 52 week high point — that compares with a last trade of $4.08. Free Report: Top 8%+ Dividends (paid monthly)
In Friday trading, Nordic American Tankers Ltd shares are currently up about 1% on the day.
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