Nordic American Tankers Limited Common Stock (NAT)
2.4400
-0.0400 (-1.61%)
NYSE · Last Trade: Apr 2nd, 5:48 PM EDT
Following the new purchases, the company’s fleet will consist of 21 well-maintained Suezmax tankers; CEO Herbjorn Hansson said 2025 is expected to be an active year for the firm.
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In each of the past three quarters, the company has paid out $0.12 per share, which comes out to a tasty 15% yield on the stock’s current price.
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Nordic American Tankers Q1 net voyage revenue at $60.572M, misses consensus of $76.562M. TCE at $33,570 per day per ship. Declares $0.12 dividend.
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NAT stock results show that Nordic American Tankers missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.
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