North American Offshore (NAO) Declares $0.45 Quarterly Dividend; 9.8% Yield

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

July 31, 2014 5:00 AM EDT

HAMILTON, Bermuda, July 31, 2014 (GLOBE NEWSWIRE)

Press release about Nordic American Offshore Ltd.

Nordic American Offshore Ltd. ("the Company") today announced that its Board of Directors has declared a dividend of $0.45 per common share for the 2nd quarter 2014. This is the same as for the 1st quarter 2014. The payment of dividend is expected to take place on or about August 29, 2014 to shareholders of record as of August 18, 2014.

The Company expects to release its 2Q2014 earnings report before NYSE opens August 6, 2014.

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