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PARTNER NEWS:
Tue, Jan 30, 9:00 AM, Zacks
Featured MNV Articles:
| NAT Ex-Dividend Reminder - 6/14/23By Dividend Channel Staff, Monday, June 12, 10:08 AM ET
On 6/14/23, Nordic American Tankers Ltd (NYSE:NAT) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 7/6/23. As a percentage of NAT's recent stock price of $3.70, this dividend works out to approximately 4.05%, so look for shares of Nordic American Tankers Ltd to trade 4.05% lower — all else being equal — when NAT shares open for trading on 6/14/23. Below is a dividend history chart for NAT, showing historical dividends prior to the most recent $0.15 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 16.22% 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 $1.80 per share, with $4.65 as the 52 week high point — that compares with a last trade of $3.71. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Monday trading, Nordic American Tankers Ltd shares are currently down about 0.5% on the day.
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