Nordic American Tanker (NAT) Declares $0.43 Quarterly Dividend; 11.8% Yield

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Go back to Nordic American Tanker (NAT) Declares $0.43 Quarterly Dividend; 11.8% Yield

Nordic American Tankers Limited (NYSE:NAT) - Declaration of Dividend for the 75th consecutive quarter in a strong tanker market for NAT in the first quarter of 2016.

April 25, 2016 4:26 AM EDT

HAMILTON, Bermuda, April 25, 2016 (GLOBE NEWSWIRE) -- The Board of Nordic American Tankers Limited has declared a cash dividend of $0.43 per share to shareholders of record May 12, 2016. The dividend is expected to be paid on or about May 27, 2016.

The first NAT quarterly dividend payment was in the autumn of 1997.

The 1Q2016 earnings report is expected to be released Monday May 9, 2016 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... More