Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.
Nordic American Tankers Dividend Announcement
• Nordic American Tankers announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-11-26. Ex dividend date: 2024-09-26
• Nordic American Tankers annual dividend for 2024 was $0.36
• Nordic American Tankers annual dividend for 2023 was $0.49
• Nordic American Tankers's trailing twelve-month (TTM) dividend yield is 13.77%
• Nordic American Tankers's payout ratio for the trailing twelve months (TTM) is 155.79%
• Nordic American Tankers's dividend growth over the last five years (2018-2023) was 47.58% year
• Nordic American Tankers's dividend growth over the last ten years (2013-2023) was -2.64% year
Nordic American Tankers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-26 | $0.12 | quarterly | 2024-11-26 |
2024-06-28 | $0.12 | quarterly | 2024-07-18 |
2024-03-19 | $0.12 | quarterly | 2024-04-10 |
2023-12-19 | $0.06 | quarterly | 2024-01-17 |
2023-09-13 | $0.13 | quarterly | 2023-10-05 |
2023-06-14 | $0.15 | quarterly | 2023-07-06 |
2023-03-13 | $0.15 | quarterly | 2023-03-28 |
2022-12-05 | $0.05 | quarterly | 2022-12-20 |
2022-09-14 | $0.03 | quarterly | 2022-10-12 |
2022-06-13 | $0.02 | quarterly | 2022-07-06 |
2022-03-10 | $0.01 | quarterly | 2022-03-30 |
2021-12-07 | $0.01 | quarterly | 2021-12-21 |
2021-12-06 | $0.01 | quarterly | |
2021-09-23 | $0.01 | quarterly | 2021-10-14 |
2021-06-03 | $0.02 | quarterly | 2021-06-18 |
2021-03-11 | $0.02 | quarterly | 2021-03-31 |
2020-12-01 | $0.04 | quarterly | 2020-12-15 |
2020-08-27 | $0.20 | quarterly | 2020-09-04 |
2020-05-22 | $0.14 | quarterly | 2020-06-05 |
2020-02-28 | $0.07 | quarterly | 2020-03-16 |
2019-12-04 | $0.02 | quarterly | 2019-12-18 |
2019-08-29 | $0.01 | quarterly | 2019-09-20 |
2018-11-20 | $0.01 | quarterly | 2018-12-07 |
2018-08-21 | $0.02 | quarterly | 2018-09-07 |
2018-05-23 | $0.01 | quarterly | 2018-06-12 |
2018-02-20 | $0.03 | quarterly | 2018-03-09 |
2017-11-10 | $0.03 | quarterly | 2017-12-05 |
2017-08-10 | $0.10 | quarterly | 2017-08-31 |
2017-05-18 | $0.20 | quarterly | 2017-06-08 |
2017-02-08 | $0.20 | quarterly | 2017-02-24 |
2016-10-25 | $0.26 | quarterly | 2016-11-10 |
2016-08-15 | $0.25 | quarterly | 2016-08-31 |
2016-05-10 | $0.43 | quarterly | 2016-05-27 |
2016-01-25 | $0.43 | quarterly | 2016-02-10 |
2015-10-27 | $0.38 | quarterly | 2015-11-12 |
2015-07-27 | $0.40 | quarterly | 2015-08-12 |
2015-05-05 | $0.38 | quarterly | 2015-05-21 |
2015-01-20 | $0.22 | quarterly | 2015-02-09 |
2014-10-20 | $0.14 | quarterly | 2014-11-05 |
2014-07-23 | $0.12 | quarterly | 2014-08-12 |
2014-05-13 | $0.23 | quarterly | 2014-05-27 |
2014-02-18 | $0.12 | quarterly | 2014-03-03 |
2013-11-26 | $0.16 | quarterly | 2013-12-11 |
2013-07-29 | $0.16 | quarterly | 2013-08-13 |
2013-04-26 | $0.16 | quarterly | 2013-05-14 |
2013-01-28 | $0.16 | quarterly | 2013-02-13 |
Nordic American Tankers Dividend per year
Nordic American Tankers Dividend growth
Nordic American Tankers Dividend Yield
Nordic American Tankers current trailing twelve-month (TTM) dividend yield is 13.77%. Interested in purchasing Nordic American Tankers stock? Use our calculator to estimate your expected dividend yield:
Nordic American Tankers Financial Ratios
Nordic American Tankers Dividend FAQ
Other factors to consider when evaluating Nordic American Tankers as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Nordic American Tankers's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nordic American Tankers publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nordic American Tankers distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nordic American Tankers are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Nordic American Tankers sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nordic American Tankers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nordic American Tankers declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Nordic American Tankers's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nordic American Tankers's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.