Nordic American Tanker (NAT) Raises Quarterly Dividend 57.1% to $0.22; 7.4% Yield

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Go back to Nordic American Tanker (NAT) Raises Quarterly Dividend 57.1% to $0.22; 7.4% Yield

Nordic American Tankers Limited (NYSE:NAT) - Declaration of dividend for the 70th consecutive quarter. The first time was in October 1997.

January 9, 2015 5:22 AM EST

HAMILTON, Bermuda, Jan. 9, 2015 (GLOBE NEWSWIRE) --

The Board of Nordic American Tankers Limited has declared a cash dividend of $0.22 per share for 4Q2014. The cash dividend for 3Q2014 was $0.14 per share. The record date is January 22, 2015 and the payment date is on or about February 9, 2015.

The 4Q2014 earnings report is expected to be released Monday February 9, 2015 before NYSE opening.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage... More