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Nordic American Tankers (NAT) Dividend Yield, Date & History

Nordic American Tankers logo
$2.44 -0.03 (-1.21%)
(As of 12/20/2024 05:45 PM ET)

Nordic American Tankers Dividend Summary

Dividend Yield
6.56%
Annual Dividend
$0.16
Next
Dividend Payment
Jan. 16
Annualized 3-Year
Dividend Growth
2.88%
Dividend Payout Ratio
55.17%

Nordic American Tankers (NAT) pays an annual dividend of $0.16 per share, with a dividend yield of 6.56%. The next quarterly payment of $0.04 per share is scheduled for Thursday, January 16, to investors who owned the stock before the ex-dividend date of Tuesday, December 17. The company currently pays out 55.17% of its earnings and 23.87% of its cash flow as dividends.

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NAT Dividend Payments by Quarter

The chart below displays up to four years of Nordic American Tankers' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

NAT Dividend Yield Over Time

The chart below tracks Nordic American Tankers' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Nordic American Tankers vs. The Competition

Compare Nordic American Tankers' annual dividend, yield, and 3-year growth rate with averages for Transportation and NYSE companies to evaluate its performance against the market.

TypeNordic American TankersTransportation CompaniesNYSE Companies
Annual Dividend$0.16$0.01$1.39
Dividend Yield6.56%4.41%3.57%
Annualized 3-Year Dividend Growth2.88%26.12%15.78%

Nordic American Tankers Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings55.17%
Based on This Year's Estimate64.00%
Based on Next Year's Estimate36.36%
Based on Cashflow23.87%

Nordic American Tankers Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/29/2024Monthly$0.04-$0.08
66.67%
18.15%12/17/202412/17/20241/16/2025
8/29/2024Quarterly$0.12 - 13.13%9/26/20249/26/202411/26/2024
5/29/2024Quarterly$0.12 - 12.42%6/28/20246/28/20247/18/2024
2/29/2024Quarterly$0.12+$0.06
100.00%
11.79%3/19/20243/20/20244/10/2024
11/29/2023quarterly$0.06-$0.07
53.85%
12.6%12/19/202312/20/20231/17/2024
8/28/2023Quarterly$0.13-$0.02
13.33%
13%9/13/20239/14/202310/5/2023
5/22/2023Quarterly$0.15 - 14.96%6/14/20236/15/20237/6/2023
2/27/2023Quarterly$0.15+$0.10
200.00%
14.12%3/13/20233/14/20233/28/2023

This table shows Nordic American Tankers' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Nordic American Tankers Dividend - Frequently Asked Questions

The current dividend yield for Nordic American Tankers is 6.56%. Learn more on NAT's dividend yield history.

The annual dividend for NAT shares is $0.16. Learn more on NAT's annual dividend history.

Nordic American Tankers pays quarterly dividends to shareholders.

Nordic American Tankers's next quarterly dividend payment of $0.04 per share will be made to shareholders on Thursday, January 16, 2025.

Nordic American Tankers's most recent quarterly dividend payment of $0.12 per share was made to shareholders on Tuesday, November 26, 2024.

Nordic American Tankers's most recent ex-dividend date was Tuesday, December 17, 2024.

Over the past three years, the company's dividend has grown by an average of 2.88% per year.

The most recent change in the company's dividend was a decrease of $0.08 on Friday, November 29, 2024.

The dividend payout ratio for NAT is:
  • 55.17% based on the trailing year of earnings
  • 64.00% based on this year's estimates
  • 36.36% based on next year's estimates
  • 23.87% based on cash flow

Nordic American Tankers' dividend yield of 6.32% is higher than the average Transportation company that issues a dividend. NAT has a dividend yield higher than 75% of all dividend-paying stocks 5.6, making it a leading dividend payer. Nordic American Tankers' dividend payout ratio of 55.17% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Nordic American Tankers stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:NAT) was last updated on 12/21/2024 by MarketBeat.com Staff
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