Nordic American Offshore (NAO) Declares $0.02 Quarterly Dividend; 8.4% Yield

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Nordic American Offshore Ltd. (NYSE:NAO) - 1Q2017 Dividend and Earnings Report

May 2, 2017 6:34 AM EDT

Link to the complete 1st Quarter 2017 report: http://hugin.info/159489/R/2100913/796446.pdf

Hamilton, Bermuda, May 2, 2017.

Nordic American Offshore closed a follow-on offering March 1, 2017, strengthening the Company by about $48.8 million in cash. The main objectives of the offering were to strengthen NAO financially and position NAO for further expansion. The Executive Chairman of NAO,... More