Nordic American Tankers Limited (NAT) Dividends
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 Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $3.97 | $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 |
|---|---|---|---|
| 2024-03-19 | Dividend | $0.12 | +100.00% |
| 2023-12-19 | Dividend | $0.06 | -53.85% |
| 2023-09-13 | Dividend | $0.13 | -13.33% |
| 2023-06-14 | Dividend | $0.15 | -- |
| 2023-03-13 | Dividend | $0.15 | +200.00% |
| 2022-12-05 | Dividend | $0.05 | +66.67% |
| 2022-09-14 | Dividend | $0.03 | +50.00% |
| 2022-06-13 | Dividend | $0.02 | +100.00% |
| 2022-03-10 | Dividend | $0.01 | -- |
| 2021-12-06 | Dividend | $0.01 | -- |
| 2021-09-23 | Dividend | $0.01 | -50.00% |
| 2021-06-03 | Dividend | $0.02 | -- |
| 2021-03-11 | Dividend | $0.02 | -50.00% |
| 2020-12-01 | Dividend | $0.04 | -80.00% |
| 2020-08-27 | Dividend | $0.20 | +42.86% |
| 2020-05-22 | Dividend | $0.14 | +100.00% |
| 2020-02-28 | Dividend | $0.07 | +250.00% |
| 2019-12-04 | Dividend | $0.02 | +100.00% |
| 2019-08-29 | Dividend | $0.01 | -66.67% |
| 2019-05-24 | Dividend | $0.03 | -25.00% |
| 2019-02-28 | Dividend | $0.04 | +300.00% |
| 2018-11-20 | Dividend | $0.01 | -50.00% |
| 2018-08-21 | Dividend | $0.02 | +100.00% |
| 2018-05-23 | Dividend | $0.01 | -66.67% |
| 2018-02-20 | Dividend | $0.03 | -- |
| 2017-11-10 | Dividend | $0.03 | -79.87% |
| 2017-08-10 | Dividend | $0.15 | -25.50% |
| 2017-05-18 | Dividend | $0.20 | -- |
| 2017-02-08 | Dividend | $0.20 | -23.08% |
| 2016-10-25 | Dividend | $0.26 | +4.00% |
| 2016-08-15 | Dividend | $0.25 | -41.86% |
| 2016-05-10 | Dividend | $0.43 | -- |
| 2016-01-25 | Dividend | $0.43 | +13.16% |
| 2015-10-27 | Dividend | $0.38 | -5.00% |
| 2015-07-27 | Dividend | $0.40 | +5.26% |
| 2015-05-05 | Dividend | $0.38 | +72.73% |
| 2015-01-20 | Dividend | $0.22 | +57.14% |
| 2014-10-20 | Dividend | $0.14 | -44.00% |
| 2014-07-23 | Dividend | $0.25 | +8.70% |
| 2014-05-13 | Dividend | $0.23 | +91.67% |
| 2014-02-18 | Dividend | $0.12 | -25.00% |
| 2013-11-26 | Dividend | $0.16 | -- |
| 2013-07-29 | Dividend | $0.16 | -- |
| 2013-04-26 | Dividend | $0.16 | -- |
| 2013-01-28 | Dividend | $0.16 | -46.67% |
| 2012-11-27 | Dividend | $0.30 | -- |
| 2012-08-15 | Dividend | $0.30 | -- |
| 2012-05-16 | Dividend | $0.30 | -- |
| 2012-02-21 | Dividend | $0.30 | -- |
| 2011-11-21 | Dividend | $0.30 | -- |
| 2011-08-17 | Dividend | $0.30 | -- |
| 2011-05-16 | Dividend | $0.30 | +20.00% |
| 2011-02-22 | Dividend | $0.25 | -- |
| 2010-11-18 | Dividend | $0.25 | -58.33% |
| 2010-08-18 | Dividend | $0.60 | -- |
| 2010-05-17 | Dividend | $0.60 | +140.00% |
| 2010-02-19 | Dividend | $0.25 | +150.00% |
| 2009-11-19 | Dividend | $0.10 | -80.00% |
| 2009-08-19 | Dividend | $0.50 | -43.18% |
| 2009-05-18 | Dividend | $0.88 | +1.15% |
| 2009-02-23 | Dividend | $0.87 | -45.96% |
| 2008-11-19 | Dividend | $1.61 | +0.63% |
| 2008-08-19 | Dividend | $1.60 | +35.59% |
| 2008-05-21 | Dividend | $1.18 | +136.00% |
| 2008-02-20 | Dividend | $0.50 | +25.00% |
| 2007-11-19 | Dividend | $0.40 | -65.81% |
| 2007-08-15 | Dividend | $1.17 | -5.65% |
| 2007-05-21 | Dividend | $1.24 | +24.00% |
| 2007-02-20 | Dividend | $1.00 | -24.24% |
| 2006-11-13 | Dividend | $1.32 | +23.36% |
| 2006-08-14 | Dividend | $1.07 | -32.28% |
| 2006-05-10 | Dividend | $1.58 | -15.96% |
| 2006-02-14 | Dividend | $1.88 | +213.33% |
| 2005-10-31 | Dividend | $0.60 | -28.57% |
| 2005-08-08 | Dividend | $0.84 | -26.96% |
| 2005-05-05 | Dividend | $1.15 | -29.01% |
| 2005-02-02 | Dividend | $1.62 | +45.95% |
| 2004-10-27 | Dividend | $1.11 | +26.14% |
| 2004-07-27 | Dividend | $0.88 | -48.24% |
| 2004-04-27 | Dividend | $1.70 | +47.83% |
| 2004-01-26 | Dividend | $1.15 | +210.81% |
| 2003-10-27 | Dividend | $0.37 | -52.56% |
| 2003-07-24 | Dividend | $0.78 | -38.58% |
| 2003-04-23 | Dividend | $1.27 | +101.59% |
| 2003-01-31 | Dividend | $0.63 | +96.88% |
| 2002-10-23 | Dividend | $0.32 | -3.03% |
| 2002-07-24 | Dividend | $0.33 | -2.94% |
| 2002-04-24 | Dividend | $0.34 | -5.56% |
| 2002-01-23 | Dividend | $0.36 | -34.55% |
| 2001-10-24 | Dividend | $0.55 | -23.61% |
| 2001-07-25 | Dividend | $0.72 | -39.50% |
| 2001-04-24 | Dividend | $1.19 | -15.60% |
| 2001-01-24 | Dividend | $1.41 | +28.18% |
| 2000-10-25 | Dividend | $1.10 | +64.18% |
| 2000-07-25 | Dividend | $0.67 | +48.89% |
| 2000-04-25 | Dividend | $0.45 | +32.35% |
| 2000-01-25 | Dividend | $0.34 | -5.56% |
| 1999-10-25 | Dividend | $0.36 | +2.86% |
| 1999-07-23 | Dividend | $0.35 | +11.11% |
| 1999-04-27 | Dividend | $0.32 | -6.80% |
| 1999-01-25 | Dividend | $0.34 | +12.67% |
| 1998-10-23 | Dividend | $0.30 | -26.83% |
| 1998-07-23 | Dividend | $0.41 | +47.48% |
| 1998-04-23 | Dividend | $0.28 | -30.50% |
| 1998-01-23 | Dividend | $0.40 | +33.33% |
| 1997-10-23 | Dividend | $0.30 | -- |
NAT Dividends vs. Peers
NAT's dividend yield currently ranks #51 of 62 vs. its peers in the Shipping category.
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