Nordic American Tankers Limited
NATEnergy · Stock · quarterly payer
$5.26
Add to PortfolioForward Yield
16.73%
Annual Dividend
$0.88
Payout Ratio
182%
5-Yr Growth
-9.1%
Ex-Date
Jun 10, 2026
Frequency
Quarterly
NAT Dividend Safety Score
39/ 100
Grade D
Risky
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage182% of earnings paid out
Balance-sheet strengthDebt/equity of 0.91
Yield vs its historyYield is 2.4× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is NAT a good dividend stock?
Higher riskNordic American Tankers Limited (NAT) pays a quarterly dividend yielding 16.73% ($0.88/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
- 64% total price return over 5 years
Risks
- Cut its dividend in 2024
- Elevated payout ratio (182%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Below-average dividend safety score
Key Data
- Dividend Yield
- 16.73%
- Payout Ratio
- 182%
- Annual Dividend
- $0.88
- 5-Yr Avg Growth
- -9.1%
- Ex-Dividend Date
- Jun 10, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- -0.54
- Market Cap
- $1.1B
- P/E Ratio
- 20.2
- 5-Yr Total Return
- 64%
- 52-Week Range
- $2.60 – $6.34
- Dividend Safety
- D · 39/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 10, 2026 | — | $0.1700 | regular |
| Jun 12, 2025 | — | $0.0700 | regular |
| Mar 10, 2025 | — | $0.0600 | regular |
| Dec 17, 2024 | — | $0.0400 | regular |
| Sep 26, 2024 | — | $0.1200 | regular |
| Jun 28, 2024 | — | $0.1200 | regular |
| Mar 19, 2024 | — | $0.1200 | regular |
| Dec 19, 2023 | — | $0.0600 | regular |
| Sep 13, 2023 | — | $0.1300 | regular |
| Jun 14, 2023 | — | $0.1500 | regular |
| Mar 13, 2023 | — | $0.1500 | regular |
| Dec 5, 2022 | — | $0.0500 | regular |
| Sep 14, 2022 | — | $0.0300 | regular |
| Jun 13, 2022 | — | $0.0200 | regular |
Income Calculator
At $0.88 / yr per share
Per payment (quarterly)$22.00
Annual$88.00
Monthly avg$7.33
