Nordic American Tankers Limited ( NAT ) will begin trading ex-dividend on May 10, 2016. A cash dividend payment of $0.43 per share is scheduled to be paid on May 27, 2016. Shareholders who purchased NAT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 13.16% increase over the same period a year ago. At the current stock price of $15.28, the dividend yield is 11.26%.
The previous trading day's last sale of NAT was $15.28, representing a -12.44% decrease from the 52 week high of $17.45 and a 53.72% increase over the 52 week low of $9.94.
NAT is a part of the Consumer Services sector, which includes companies such as General Dynamics Corporation ( GD ) and Carnival Corporation ( CUK ). NAT's current earnings per share, an indicator of a company's profitability, is $1.32. Zacks Investment Research reports NAT's forecasted earnings growth in 2016 as -14.47%, compared to an industry average of -.7%.
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