Nordic American Tanker (NAT) Declares $0.03 Quarterly Dividend; 2.2% Yield

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Go back to Nordic American Tanker (NAT) Declares $0.03 Quarterly Dividend; 2.2% Yield

Nordic American Tankers Limited (NYSE:NAT) - Financial Calendar & Dividend Declaration.

October 19, 2017 12:05 PM EDT

Hamilton, Bermuda, October 19, 2017

NAT has set its dividend for the 3rd quarter at $0.03 per share. The record date is November 13, 2017 and the payment date will be on or about December 5, 2017. NAT is continuing its consistent policy of paying quarterly dividends. This is the 81st consecutive quarterly dividend declaration since the autumn of 1997.

As expected due to market conditions, our results for the 3rd quarter of 2017 were lower than those of 1Q2017 and 2Q2017. As at the beginning of the 4th quarter, there appears to be an upswing in the tanker market.

The 3Q2017 report is scheduled to be... More