Nordic American Tanker (NAT) Declares $0.43 Quarterly Dividend; 12.9% Yield
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Nordic American Tankers Limited (NYSE:NAT) -- Declaration of Dividend for the 74th consecutive quarter in a strong tanker market for NAT.
January 13, 2016 6:08 AM ESTHAMILTON, Bermuda, Jan. 13, 2016 (GLOBE NEWSWIRE) -- The Board of Nordic American Tankers Limited has declared a cash dividend of $0.43 per share to shareholders of record January 27, 2016. The dividend is expected to be paid on or about February 10, 2016. The first dividend was paid in the autumn of 1997 and dividend payments have been made for 74 consecutive quarters. The dividend for 2015 as a whole came to $1.59 per share. At yesterday's close, the stock price was $13.32.
Chairman & CEO Herbjørn Hansson commented:
"2015 was a very good year for NAT, with results improving quarter on quarter. The strong tanker market for NAT is... More
