Nordic American Tankers Limited Dividend
Nordic American Tankers Limited Dividend history 25 years & estimates 2024 to 2026
Dividend Analysis of the Nordic American Tankers Limited Stock
| Current dividend yield | 2.69 % |
| Dividendenrendite 5 Jahre | 8.64 % |
| Dividend Yield 10Y | 9.66 % |
| Payout 3Y | 5.04 % |
When does Nordic American Tankers Limited pay a dividend?
The Nordic American Tankers Limited stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Nordic American Tankers Limited stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were March, June, September and December . Dividends from Nordic American Tankers Limited are distributed via January, March, July and October.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.12
$0.12
|
Sep 26 2024
Sep 26 2024
Nov 26 2024
Sep 26 24
Nov 26 24 |
Nov 26 2024 |
quarterly
quarterly
|
| 2024 |
$0.12
$0.12
|
Jun 28 2024
Jun 28 2024
Jul 18 2024
Jun 28 24
Jul 18 24 |
Jul 18 2024 |
quarterly
quarterly
|
| 2024 |
$0.12
$0.12
|
Mar 19 2024
Mar 19 2024
Apr 10 2024
Mar 19 24
Apr 10 24 |
Apr 10 2024 |
quarterly
quarterly
|
| 2023 |
$0.06
$0.06
|
Dec 19 2023
Dec 19 2023
Jan 17 2024
Dec 19 23
Jan 17 24 |
Jan 17 2024 |
quarterly
quarterly
|
| 2023 |
$0.13
$0.13
|
Sep 13 2023
Sep 13 2023
Oct 05 2023
Sep 13 23
Oct 05 23 |
Oct 05 2023 |
quarterly
quarterly
|
| 2023 |
$0.15
$0.15
|
Jun 14 2023
Jun 14 2023
Jul 06 2023
Jun 14 23
Jul 06 23 |
Jul 06 2023 |
quarterly
quarterly
|
| 2023 |
$0.15
$0.15
|
Mar 13 2023
Mar 13 2023
Mar 28 2023
Mar 13 23
Mar 28 23 |
Mar 28 2023 |
quarterly
quarterly
|
| 2022 |
$0.05
$0.05
|
Dec 05 2022
Dec 05 2022
Dec 20 2022
Dec 05 22
Dec 20 22 |
Dec 20 2022 |
quarterly
quarterly
|
| 2022 |
$0.03
$0.03
|
Sep 14 2022
Sep 14 2022
Oct 12 2022
Sep 14 22
Oct 12 22 |
Oct 12 2022 |
quarterly
quarterly
|
| 2022 |
$0.02
$0.02
|
Jun 13 2022
Jun 13 2022
Jul 06 2022
Jun 13 22
Jul 06 22 |
Jul 06 2022 |
quarterly
quarterly
|
How much dividend does Nordic American Tankers Limited pay?
Nordic American Tankers Limited most recently paid a dividend of $0.12. Nordic American Tankers Limited paid a Dividend of $0.49 Per Share in the financial year 2023. With a stock price of $2.95 at Nov 25 2024, the current dividend yield is 16.61% (calculation: $0.49 / $2.95 = 16.61%). No special dividend was paid.
What is the Nordic American Tankers Limited Dividend Yield and payout ratio?
The average Nordic American Tankers Limited dividend yield over the last 5 years is 7.54% and the average over the last 10 years is 8.91%.
The payout ratio of Nordic American Tankers Limited in relation to the last financial year is 104.26%. The payout ratio smoothed over 3 years is -347.37%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Nordic American Tankers Limited |
|---|---|
| Current dividend yield | 16.61% |
| Dividend Yield 5Y | 7.54% |
| Dividend Yield 10Y | 8.91% |
| Payout 1Y | 104.26% |
| Payout 3Y | -347.37% |
Is the Nordic American Tankers Limited dividend safe? Continuity & Dividend Growth
Is the Nordic American Tankers Limited dividend safe?
Nordic American Tankers Limited has been paying a dividend for 25 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
The Dividend Growth in relation to the previous financial year amounts to 345.45%. The average Nordic American Tankers Limited Dividend Growth over the last 5 years is 47.58%. The average for the last 10 years is -2.55%.
| Metric | Nordic American Tankers Limited |
|---|---|
| Increased | 2 Years |
| Continuity | 2 Years |
| Paid | 25 Years |
| Growth 1Y | 345.45% |
| Growth 5Y | 47.58% |
| Growth 10Y | -2.55% |
Continuity
Nordic American Tankers Limited has been paying a dividend for 25 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 345.45%. The average Nordic American Tankers Limited Dividend Growth over the last 5 years is 47.58%. The average for the last 10 years is -2.55%.
Nordic American Tankers Limited Stock Forecast 2024
On the stock exchange, the Nordic American Tankers Limited stock (ISIN: BMG657731060) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of Nordic American Tankers Limited -29.76% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Nordic American Tankers Limited stock price in real time at the top of the page.
Nordic American Tankers Limited (symbol: NAT) is valued at a Price / Earnings Ratio (P/E ratio) of 9.99 and a price/sales ratio (P/S ratio) of 1.86 valued. Based on analyst estimates, the Nordic American Tankers Limited stock forecast 2024 of the current financial year corresponds to a valuation of 8.89 according to P/E ratio and 2.38 according to P/S.
| Metric | Nordic American Tankers Limited |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
29.76%
|
| P/E TTM | 9.99 |
| P/S TTM | 1.86 |
| P/E forward | 8.89 |
| P/S forward | 2.38 |
Nordic American Tankers Limited (symbol: NAT) is valued at a Price / Earnings Ratio (P/E ratio) of 9.99 and a price/sales ratio (P/S ratio) of 1.86 valued. Based on analyst estimates, the Nordic American Tankers Limited stock forecast 2024 of the current financial year corresponds to a valuation of 8.89 according to P/E ratio and 2.38 according to P/S.
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