Nordic American Tanker Ltd (NYSE:NAT) declared a quarterly dividend on Monday, November 25th, Fidelity reports. Stockholders of record on Thursday, December 5th will be paid a dividend of 0.02 per share by the shipping company on Wednesday, December 18th. This represents a $0.08 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend is Wednesday, December 4th.
Shares of NYSE:NAT opened at $3.62 on Monday. Nordic American Tanker has a 52-week low of $1.66 and a 52-week high of $4.47. The stock has a market cap of $513.93 million, a price-to-earnings ratio of -5.93 and a beta of 0.72. The company has a quick ratio of 1.83, a current ratio of 2.18 and a debt-to-equity ratio of 0.68. The business has a 50-day moving average price of $3.72 and a 200-day moving average price of $2.53.
Nordic American Tanker (NYSE:NAT) last announced its quarterly earnings data on Monday, November 25th. The shipping company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.04). Nordic American Tanker had a negative return on equity of 5.14% and a negative net margin of 20.86%. The firm had revenue of $32.35 million during the quarter, compared to analysts’ expectations of $45.03 million. As a group, equities analysts anticipate that Nordic American Tanker will post 0.03 EPS for the current fiscal year.
About Nordic American Tanker
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 33 Suezmax crude oil tankers. The company was founded in 1995 and is based in Hamilton, Bermuda.
Receive News & Ratings for Nordic American Tanker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordic American Tanker and related companies with MarketBeat.com's FREE daily email newsletter.