Nordic American Tankers Limited Stock Dividends
Nordic American Tankers Limited Stock Dividends Overview
NAT pays dividends quarterly. Last paid amount was $0.120 at Jul 18, 2024. As of today, dividend yield (TTM) is 10.82%.
Dividend Yield Range
AI Analysis of NAT
| Dividend Analysis |
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Key Stats
| Dividend Yield (TTM) | 10.82% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 100.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.120 |
| Next Ex-Dividend Date | Sep 26, 2024 |
| Next Payment Date | Nov 26, 2024 |
NAT Dividend Payout History
To ensure a understanding of NAT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 29, 2024 | Sep 26, 2024 | Nov 26, 2024 | $0.120 | 3.16% |
| 2 | May 29, 2024 | Jun 28, 2024 | Jul 18, 2024 | $0.120 | 3.25% |
| 3 | Feb 29, 2024 | Mar 19, 2024 | Apr 10, 2024 | $0.120 | 3.08% |
| 4 | Nov 29, 2023 | Dec 19, 2023 | Jan 17, 2024 | $0.0600 | 1.34% |
| 5 | Aug 28, 2023 | Sep 13, 2023 | Oct 05, 2023 | $0.130 | 3.25% |
| 6 | May 22, 2023 | Jun 14, 2023 | Jul 06, 2023 | $0.150 | 4.13% |
| 7 | Feb 27, 2023 | Mar 13, 2023 | Mar 28, 2023 | $0.150 | 3.85% |
| 8 | Nov 10, 2022 | Dec 05, 2022 | Dec 20, 2022 | $0.0500 | 1.57% |
| 9 | Aug 31, 2022 | Sep 14, 2022 | Oct 12, 2022 | $0.0300 | 1.10% |
| 10 | May 31, 2022 | Jun 13, 2022 | Jul 06, 2022 | $0.0200 | 1.08% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
NAT Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from NAT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NAT stock here.
Comparing NAT to Sector and Country
NAT pays a solid dividend yield of 10.82%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.678%). NAT’s dividend yield is higher than the average of the top 25% of dividend payers in the Industrials sector in the US market (8.75%).
NAT Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Nordic American Tankers Limited | 774.633M | $0.120 | 10.82% | 106.19% | |
| International Seaways Inc | 2.633B | $1.50 | 9.40% | 54.34% | |
| Global Ship Lease Inc | 927.691M | $0.450 | 7.02% | 18.84% | |
| Ennis Inc | 617.12M | $0.250 | 4.70% | 63.00% | |
| Aspen Aerogels Inc | 1.928B | $0.730 | 0% | - | |
| Steel Partners Holdings LP | 838.488M | $0.150 | 0% | 4.40% |
