Nordic American Tankers Dividends and Buybacks
Dividend criteria checks 2/6
Nordic American Tankers is a dividend paying company with a current yield of 15.33%. Next payment date is on 26th November, 2024 with an ex-dividend date of 26th September, 2024.
Key information
15.3%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 15.3% |
| Future Dividend Yield | 17.7% |
| Dividend Growth | 6.2% |
| Next dividend pay date | 26 Nov 24 |
| Ex dividend date | 26 Sep 24 |
| Dividend per share | US$0.460 |
| Payout ratio | 142% |
Recent dividend and buyback updates
Recent updates
Nordic American Tankers: When Double-Digit Dividend Yields Are Not Enough (Rating Downgrade)
Sep 13Nordic American Tankers Q2: Good Quarter But Little Reason For Excitement, Hold
Sep 02Nordic American: No Catalysts To Get Constructive
Aug 11These 4 Measures Indicate That Nordic American Tankers (NYSE:NAT) Is Using Debt Extensively
Jul 29
Some Shareholders Feeling Restless Over Nordic American Tankers Limited's (NYSE:NAT) P/S Ratio
May 30Nordic American Tankers: Bet On A Strong Suezmax Market For Dividend Seekers
Mar 28Unpleasant Surprises Could Be In Store For Nordic American Tankers Limited's (NYSE:NAT) Shares
Feb 24Nordic American Tankers: Suezmax Pure Play For Income-Minded Investors
Feb 08Nordic American Tankers - Prime Beneficiary Of Red Sea Chaos - Buy
Jan 02A Look At The Fair Value Of Nordic American Tankers Limited (NYSE:NAT)
Dec 16Nordic American: Risk And Reward More Balanced; Downgrade To Hold
Dec 04Nordic American Tankers (NYSE:NAT) Has A Pretty Healthy Balance Sheet
Oct 26Nordic American Tankers: Seasonality Likely To Result In Lower Q3 Dividend - Hold
Sep 18Insight Into Nordic American Tankers Q2-2023 Upcoming Earnings
Jul 31Does Nordic American Tankers (NYSE:NAT) Have A Healthy Balance Sheet?
Jul 25The Price Is Right For Nordic American Tankers Limited (NYSE:NAT)
Apr 18There's Been No Shortage Of Growth Recently For Nordic American Tankers' (NYSE:NAT) Returns On Capital
Mar 24Is Nordic American Tankers (NYSE:NAT) A Risky Investment?
Mar 06Nordic American Tankers Q4 2022 Earnings Preview
Feb 24Nordic American Tankers: A Perfect Market To Dispose Of Old Vessels At Massive Gains
Feb 03Rainbows and Unicorns: Nordic American Tankers Limited (NYSE:NAT) Analysts Just Became A Lot More Optimistic
Dec 03Nordic American Tankers (NYSE:NAT) Is Increasing Its Dividend To $0.05
Nov 13Nordic American Tankers boosts dividend by ~67% to $0.05/share
Nov 10Nordic American Tankers goes ex-dividend tomorrow
Sep 13Nordic American Tankers (NYSE:NAT) Is Paying Out A Larger Dividend Than Last Year
Sep 02Here's Why Nordic American Tankers (NYSE:NAT) Can Afford Some Debt
Aug 31Nordic American Tankers GAAP EPS of -$0.02 beats by $0.02, revenue of $34.75M beats by $4.57M
Aug 30Nordic American Tankers: Tanker Markets Heating Up
Jul 20Nordic American Tankers announces delivery of new vessels and long term contracts for two vessels
Jun 29Nordic American Tankers: 'F' Earnings Rating
May 19Nordic American Tankers: More Green Shoots Emerge Right As War Breaks Out
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NAT's dividend payments have been volatile in the past 10 years.
Growing Dividend: NAT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Nordic American Tankers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NAT) | 15.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Oil and Gas) | 3.8% |
| Analyst forecast (NAT) (up to 3 years) | 17.7% |
Notable Dividend: NAT's dividend (15.33%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: NAT's dividend (15.33%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (142.2%), NAT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (272.2%), NAT's dividend payments are not well covered by cash flows.