Nordic American Tankers Ltd (NYSE: NAT) - Doubling of the dividend in the first quarter 2020
Nordic American Tankers Limited (NAT)
Last nordic american tankers limited earnings: 2/18 06:51 am
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US:NYSE Investor Relations:
nat.bm/investor-relations
Company Research
Source: GlobeNewswire
Hamilton, Bermuda, March 24, 2020 Dear shareholders, On March 17, 2020 we indicated that the dividend for the fourth quarter 2019 could be expected to double in 1Q 2020. The timecharter for our fleet in 1Q 2020 will be about $45,000/day per ship. NAT has 23 suezmaxes. Operating costs are $8,000/day per ship.The Board of NAT has decided that the actual dividend will be 14 cent per share for 1Q 2020 versus 7 cent for 4Q 2019. The dividend for 1Q 2019 was 3 cent per share.The first quarter 2020 report will be announced May 18, 2020. The record date for the dividend will be Tuesday May 26, 2020 and the payment date will be Friday June 5, 2020.NAT has an objective to prioritize dividend.The market for our ships remains very strong. Best regards, Herbjørn Hansson Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CA
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NAT
News
- Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson buys more NAT sharesGlobeNewswire
- Nordic American Tankers: Bet On A Strong Suezmax Market For Dividend Seekers [Seeking Alpha]Seeking Alpha
- Does Nordic American Tankers (NYSE:NAT) Deserve A Spot On Your Watchlist? [Yahoo! Finance]Yahoo! Finance
- Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson buys more NAT shares [Yahoo! Finance]Yahoo! Finance
- Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson buys more NAT sharesGlobeNewswire
NAT
Earnings
- 2/29/24 - Miss
NAT
Sec Filings
- 4/29/24 - Form 20-F
- 3/1/24 - Form 6-K
- NAT's page on the SEC website