Nordic American Tanker (NYSE: NAT) declared a quarterly dividend of $0.25 per share, or $1 annualized.

The dividend will be payable on August 31, 2016, to stockholders of record on August 17, 2016, with an ex-dividend date of August 15, 2016.

The annual yield on the dividend is 8.3 percent.

For a dividend history and other dividend-related data on Nordic American Tanker (NAT) click here.