Nordic American Tankers Limited (NAT) Dividends

Nordic American Tankers Limited (NAT): $2.51

0.03 (+1.21%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

B

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Industry: Shipping

Industry

A

Ranked

#32 of 34

in industry

Dividend Yield and Dividend History Highlights

  • In terms of compounded growth rate of annual dividends, NAT's growth rate has been -0.42% over the past 4 years.
  • Free cash flow for NAT has a compound average growth rate of -367.65%, which is higher than 2.75% of stocks in our dividend set.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with NAT that may be suitable potential portfolio mates: PAHC, EQT, NHTC, MDLZ and WMK.
NAT Ex-Dividend Date
NAT Dividend Yield
6.56%
NAT Annual Dividend
$0.16
NAT Payout Ratio

NAT Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$2.51$8.69 359.89%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for NAT, the DDM model generated by StockNews estimates a return of positive 359.89% in comparison to its current price. Digging deeper, the aspects of NORDIC AMERICAN TANKERS Ltd's dividend discount model that we found most interesting were:

  • In comparison to other US listed dividend yielding stocks in the Industrials sector, the expected return of 359.89%, based on the stock's current share price and target price based on a dividend discount model, is greater than 96.52% of the DDM-forecasted return of its its sector peers.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, NAT has a discount rate lower than 96.52% of them (a lower discount rate is associated with lower risk).
  • Compared to other dividend issuers in the small-sized market cap category, NAT has a beta lower than merely 10.24% of them.
  • Based on dividend growth rate, NAT boasts a higher growth rate in terms of its annual cash distributed to its owners than 6.58% of the dividend issuers in our set.


NAT Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-12-17Dividend$0.04-66.67%
2024-09-26Dividend$0.12--
2024-06-28Dividend$0.12--
2024-03-19Dividend$0.12+100.00%
2023-12-19Dividend$0.06-53.85%
2023-09-13Dividend$0.13-13.33%
2023-06-14Dividend$0.15--
2023-03-13Dividend$0.15+200.00%
2022-12-05Dividend$0.05+66.67%
2022-09-14Dividend$0.03+50.00%
2022-06-13Dividend$0.02+100.00%
2022-03-10Dividend$0.01--
2021-12-06Dividend$0.01--
2021-09-23Dividend$0.01-50.00%
2021-06-03Dividend$0.02--
2021-03-11Dividend$0.02-50.00%
2020-12-01Dividend$0.04-80.00%
2020-08-27Dividend$0.20+42.86%
2020-05-22Dividend$0.14+100.00%
2020-02-28Dividend$0.07+250.00%
2019-12-04Dividend$0.02+100.00%
2019-08-29Dividend$0.01-66.67%
2019-05-24Dividend$0.03-25.00%
2019-02-28Dividend$0.04+300.00%
2018-11-20Dividend$0.01-50.00%
2018-08-21Dividend$0.02+100.00%
2018-05-23Dividend$0.01-66.67%
2018-02-20Dividend$0.03--
2017-11-10Dividend$0.03-79.87%
2017-08-10Dividend$0.15-25.50%
2017-05-18Dividend$0.20--
2017-02-08Dividend$0.20-23.08%
2016-10-25Dividend$0.26+4.00%
2016-08-15Dividend$0.25-41.86%
2016-05-10Dividend$0.43--
2016-01-25Dividend$0.43+13.16%
2015-10-27Dividend$0.38-5.00%
2015-07-27Dividend$0.40+5.26%
2015-05-05Dividend$0.38+72.73%
2015-01-20Dividend$0.22+57.14%
2014-10-20Dividend$0.14-44.00%
2014-07-23Dividend$0.25+8.70%
2014-05-13Dividend$0.23+91.67%
2014-02-18Dividend$0.12-25.00%
2013-11-26Dividend$0.16--
2013-07-29Dividend$0.16--
2013-04-26Dividend$0.16--
2013-01-28Dividend$0.16-46.67%
2012-11-27Dividend$0.30--
2012-08-15Dividend$0.30--
2012-05-16Dividend$0.30--
2012-02-21Dividend$0.30--
2011-11-21Dividend$0.30--
2011-08-17Dividend$0.30--
2011-05-16Dividend$0.30+20.00%
2011-02-22Dividend$0.25--
2010-11-18Dividend$0.25-58.33%
2010-08-18Dividend$0.60--
2010-05-17Dividend$0.60+140.00%
2010-02-19Dividend$0.25+150.00%
2009-11-19Dividend$0.10-80.00%
2009-08-19Dividend$0.50-43.18%
2009-05-18Dividend$0.88+1.15%
2009-02-23Dividend$0.87-45.96%
2008-11-19Dividend$1.61+0.63%
2008-08-19Dividend$1.60+35.59%
2008-05-21Dividend$1.18+136.00%
2008-02-20Dividend$0.50+25.00%
2007-11-19Dividend$0.40-65.81%
2007-08-15Dividend$1.17-5.65%
2007-05-21Dividend$1.24+24.00%
2007-02-20Dividend$1.00-24.24%
2006-11-13Dividend$1.32+23.36%
2006-08-14Dividend$1.07-32.28%
2006-05-10Dividend$1.58-15.96%
2006-02-14Dividend$1.88+213.33%
2005-10-31Dividend$0.60-28.57%
2005-08-08Dividend$0.84-26.96%
2005-05-05Dividend$1.15-29.01%
2005-02-02Dividend$1.62+45.95%
2004-10-27Dividend$1.11+26.14%
2004-07-27Dividend$0.88-48.24%
2004-04-27Dividend$1.70+47.83%
2004-01-26Dividend$1.15+210.81%
2003-10-27Dividend$0.37-52.56%
2003-07-24Dividend$0.78-38.58%
2003-04-23Dividend$1.27+101.59%
2003-01-31Dividend$0.63+96.88%
2002-10-23Dividend$0.32-3.03%
2002-07-24Dividend$0.33-2.94%
2002-04-24Dividend$0.34-5.56%
2002-01-23Dividend$0.36-34.55%
2001-10-24Dividend$0.55-23.61%
2001-07-25Dividend$0.72-39.50%
2001-04-24Dividend$1.19-15.60%
2001-01-24Dividend$1.41+28.18%
2000-10-25Dividend$1.10+64.18%
2000-07-25Dividend$0.67+48.89%
2000-04-25Dividend$0.45+32.35%
2000-01-25Dividend$0.34-5.56%
1999-10-25Dividend$0.36+2.86%
1999-07-23Dividend$0.35+11.11%
1999-04-27Dividend$0.32-6.80%
1999-01-25Dividend$0.34+12.67%
1998-10-23Dividend$0.30-26.83%
1998-07-23Dividend$0.41+47.48%
1998-04-23Dividend$0.28-30.50%
1998-01-23Dividend$0.40+33.33%
1997-10-23Dividend$0.30--


NAT Dividends vs. Peers

NAT's dividend yield currently ranks #53 of 64 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 SALT Scorpio Bulkers Inc. 0.00%
2 NM Navios Maritime Holdings Inc. 0.00%
3 SBLK Star Bulk Carriers Corp. 0.00%
4 ZIM ZIM Integrated Shipping Services Ltd. 0.00%
5 OP OceanPal Inc. 0.00%
6 OSGB Overseas Shipholding Group Inc 0.00%
7 SB Safe Bulkers Inc. 0.00%
8 EDRY EuroDry Ltd. 0.00%
9 DLNG Dynagas LNG Partners LP 0.00%
10 NMM Navios Maritime Partners L.P. 0.00%
11 NNA Navios Maritime Acquisition Corporation Common stock 0.00%
12 TGH Textainer Group Holdings Ltd. 0.00%
13 EGLE Eagle Bulk Shipping Inc. 0.00%
14 BWLP BW LPG Limited 0.00%
15 HAFN Hafnia Ltd. 0.00%
16 TK Teekay Corporation 0.00%
17 GASS StealthGas, Inc. - common stock 0.00%
18 SFL Ship Finance International Limited 0.00%
19 DSX Diana Shipping inc. common stock 0.00%
20 SHIP Seanergy Maritime Holdings Corp 0.00%
21 AMKBY A.P. Moeller-Maersk A/S ADR 0.00%
22 OSG Overseas Shipholding Group, Inc. 0.00%
23 CPLP Capital Product Partners L.P. 0.00%
24 MSLOY Mitsui O.S.K. Lines, Ltd. 0.00%
25 TOPS TOP Ships Inc. 0.00%
26 INSW International Seaways, Inc. 0.00%
27 KEX Kirby Corporation 0.00%
28 TNK Teekay Tankers Ltd. 0.00%
29 TNP Tsakos Energy Navigation Ltd Common Shares 0.00%
30 CMRE Costamare Inc. 0.00%
31 CRU Crude Carriers Corporation 0.00%
32 SINO Sino-Global Shipping America, Ltd. 0.00%
33 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
34 GLBS Globus Maritime Limited 0.00%
35 DSS Document Security Systems, Inc. 0.00%
36 NVGS Navigator Holdings Ltd. 0.00%
37 GLNG Golar LNG Limited 0.00%
38 ESEA Euroseas Ltd. 0.00%
39 NMCI Navios Maritime Containers L.P. 0.00%
40 KNOP Knot Offshore Partners LP 0.00%
41 GOGL Golden Ocean Group Limited 0.00%
42 TRTN Triton International Ltd. 0.00%
43 TRMD TORM plc 0.00%
44 NPNYY Nippon Yusen 0.00%
45 SSW Seaspan Corporation Seaspan Corporation Common Shares 0.00%
46 ASC Ardmore Shipping Corporation 0.00%
47 CAI CAI International, Inc. 0.00%
48 PANL Pangaea Logistics Solutions Ltd. 0.00%
49 GNK Genco Shipping & Trading Ltd. 0.00%
50 GLOG GasLog Ltd. Common Shares 0.00%
51 GLOP GasLog Partners LP Common Units representing limited partnership interests 0.00%
52 LPG Dorian LPG Ltd. 0.00%
53 NAT Nordic American Tankers Limited 0.00%
54 GNRT Gener8 Maritime, Inc. 0.00%
55 DAC Danaos Corporation 0.00%
56 PXS Pyxis Tankers Inc. 0.00%
57 GRIN Grindrod Shipping Holdings Ltd. 0.00%
58 SFWL Shengfeng Development Ltd. 0.00%
59 HSHP Himalaya Shipping Ltd. 0.00%
60 MATX Matson, Inc. 0.00%
61 DRYS DryShips Inc. 0.00%
62 PSHG Performance Shipping Inc 0.00%
63 CTRM Castor Maritime Inc. 0.00%
64 GSL Global Ship Lease Inc. Cl A 0.00%

Looking for More Information on NAT dividends?

Here are a few links from around the web to help you further your research on NORDIC AMERICAN TANKERS Ltd and its dividends:

NORDIC AMERICAN TANKERS Ltd Common Stock (NAT) Dividend History | Nasdaq
Dividend History for NORDIC AMERICAN TANKERS Ltd (NAT) - Dividend Investor
NORDIC AMERICAN TANKERS Ltd (NAT) Dividend History - Seeking Alpha

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