Nordic American Tankers Doubles Dividend to $0.12

Thursday, 29 February 2024, 10:36

Nordic American Tankers (NAT) has declared a substantial increase in its quarterly dividend, doubling it to $0.12 per share. This represents a 100% increase from the prior dividend of $0.06, with a forward yield of 11.59%. Shareholders will receive the increased dividend on April 10, signaling the company's strong financial position and commitment to rewarding investors.
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Nordic American Tankers Doubles Dividend to $0.12

Nordic American Tankers Doubles Dividend

Nordic American Tankers (NAT) has announced a significant increase in its quarterly dividend, doubling it to $0.12 per share. This marks a 100% rise from the previous dividend amount of $0.06, highlighting the company's financial success.

Key Points:

  • The dividend per share has been increased to $0.12
  • The forward yield stands at 11.59%
  • Payment date set for April 10

This move underscores NAT's commitment to rewarding shareholders and its strong financial performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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