Nordic American Tanker Ltd (NYSE:NAT) announced a quarterly dividend on Monday, November 25th, Fidelity reports. Shareholders of record on Thursday, December 5th will be given a dividend of 0.02 per share by the shipping company on Wednesday, December 18th. This represents a $0.08 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend is Wednesday, December 4th.
Shares of NAT opened at $3.52 on Tuesday. The business has a 50-day simple moving average of $3.69 and a two-hundred day simple moving average of $2.55. The company has a quick ratio of 1.83, a current ratio of 2.18 and a debt-to-equity ratio of 0.68. 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 -5.77 and a beta of 0.72.
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 Zacks’ consensus estimate of ($0.06) by ($0.04). The company had revenue of $32.35 million for the quarter, compared to the consensus estimate of $45.03 million. Nordic American Tanker had a negative net margin of 20.86% and a negative return on equity of 5.14%. On average, equities analysts anticipate that Nordic American Tanker will post 0.03 earnings per share for the current fiscal year.
Nordic American Tanker Company Profile
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.
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