Reported 1 day ago
Nordic American Tankers Limited (NAT), an international tanker company based in Bermuda, operates Suezmax crude oil tankers primarily in the spot market. In early 2025, NAT expanded its fleet and reported a net profit of $4.2 million for the first quarter, alongside a cash balance of $103 million. The company also increased its quarterly dividend by 16.2% to $0.07 per share, marking its 111th consecutive dividend. With a dividend yield of 10.39%, NAT is recognized as one of the top shipping stocks for dividends, although some analysts suggest alternative investments may offer greater upside.
Source: YAHOO