Nordic American Tankers Limited (NAT) Ex-Dividend Date Scheduled for November 27, 2012


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Nordic American Tankers Limited ( NAT ) has announced an ex-dividend date of November 27, 2012 and a cash dividend payment of $0.3 per share scheduled for December 12, 2012. Shareholders who purchased NAT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that NAT has paid the same dividend. At the current stock price of $9.14, the dividend yield is 13.13%.

The previous trading day's last sale of NAT was $9.14, representing a -43.03% decrease from the 52 week high of $16.04 and a 11.46% increase over the 52 week low of $8.20.

NAT is a part of the Consumer Services sector, which includes companies such as Carnival Plc ADS ( CUK ) and Carnival Corporation ( CCL ). NAT's current earnings per share, an indicator of a company's profitability, is -$1.16. Zacks Investment Research reports NAT's forecasted earnings growth in 2012 as 22.57%, compared to an industry average of 3.5%.

For more information on the declaration, record and payment dates, visit the NAT Dividend History page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: CCL , CUK , NAT

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