Nordic American Offshore (NAO) Declares $0.12 Quarterly Dividend; 11.7% Yield

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Go back to Nordic American Offshore (NAO) Declares $0.12 Quarterly Dividend; 11.7% Yield

Nordic American Offshore Ltd. (NYSE:NAO) - Declaration of dividend

January 25, 2016 5:44 AM EST

HAMILTON, Bermuda, Jan. 25, 2016 (GLOBE NEWSWIRE) -- The Board of Nordic American Offshore Ltd. has declared a cash dividend of $0.12 per share to shareholders of record February 5, 2016. The dividend is expected to be paid on or about February 22, 2016.

The 4Q2015 earnings report is expected to be released Thursday February 4, 2016 before NYSE opening.

NAO has adopted the main elements of the strategy of the stock listed Nordic American Tankers Limited (NYSE: NAT). NAO has been listed on the NYSE since June 12, 2014.

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