Nordic American Tanker (NAT) Declares $0.38 Quarterly Dividend; 12% Yield

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Go back to Nordic American Tanker (NAT) Declares $0.38 Quarterly Dividend; 12% Yield

Nordic American Tankers Limited (NYSE:NAT) - Declaration of dividend for the 71st consecutive quarter. The first time was in October 1997

April 14, 2015 5:10 AM EDT

HAMILTON, Bermuda, April 14, 2015 (GLOBE NEWSWIRE) -- As communicated earlier, the tanker market for our vessels developed positively in 1Q2015. The Board of NAT has declared a cash dividend of $0.38 per share for 1Q2015. The cash dividend for 4Q2014 was $0.22 per share. The record date is May 7, 2015 and the payment date is on or about May 21, 2015. There are 89,182,001 shares in issue.

The 1Q2015 earnings report is expected to be released Monday May11, 2015 before NYSE opening.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

Matters discussed in this press release may constitute forward-looking statements. The Private Securities... More

Nordic American Tankers Limited (NYSE:NAT) - Declaration of dividend for the 71st consecutive quarter. The first time was in October 1997

April 14, 2015 5:10 AM EDT

HAMILTON, Bermuda, April 14, 2015 (GLOBE NEWSWIRE) -- As communicated earlier, the tanker market for our vessels developed positively in 1Q2015. The Board of NAT has declared a cash dividend of $0.38 per share for 1Q2015. The cash dividend for 4Q2014 was $0.22 per share. The record date is May 7, 2015 and the payment date is on or about May 21, 2015. There are 89,182,001 shares in issue.

The 1Q2015 earnings report is expected to be released Monday May11, 2015 before NYSE opening.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

Matters discussed in this press release may constitute forward-looking statements. The Private Securities... More