Nordic American Offshore (NAO) Declares $0.08 Quarterly Dividend; 6.1% Yield

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

April 27, 2016 3:51 AM EDT

HAMILTON, Bermuda, April 27, 2016 (GLOBE NEWSWIRE) -- 

Nordic American Offshore Ltd. today announced that its Board of Directors has declared a dividend of $0.08 per common share for the 1st quarter 2016. The payment of dividend is expected to take place on or about May 27, 2016 to shareholders of record as of May 12, 2016.

The Company expects to release its 1Q2016 earnings report before NYSE opening May 12, 2016.

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... More