NAT Dividend History & Analysis | 12.5% Yield

NAT has a dividend yield of 12.5% and paid 0.47 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 12.54%
Payout Ratio 600.0%
Growth Rate CAGR 5y 56.51%
Consistency Lifetime 80.3%
Yield on Cost 5y 22.38%
Payout FCF -
Streak Years -
Dividend Rating 81.46%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Oil & Gas Storage & Transportation

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
TK 855 M 13.3% 58.5%
BWLP 2,508 M 11.6% 45.1%
TRMD 2,804 M 9.94% 42.9%
LPG 1,426 M 8.85% 42.0%
INSW 3,506 M 8.15% 36.5%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SOBO 7,179 M 300% 100%
TK 855 M 106% 69.8%
TEN 1,149 M 82.1% 82.8%
EE 3,817 M 77.6% 100%
TRGP 53,845 M 75.0% 90.5%

Quality Dividend Peers in Oil & Gas Storage & Transportation

PAA
PAGP
GTT
Gaztransport
4.73% Yield
INSW
EPD
TRGP
Targa Resources
2.34% Yield

NAT Dividend History: Last 50 Payments (USD) as of April 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-03-10 2026-03-10 2026-03-24 Quarterly 0.17 30.8% 3.11%
2025-12-08 2025-12-08 2025-12-22 Quarterly 0.13 30% 3.59%
2025-09-12 2025-09-12 2025-09-29 Quarterly 0.1 42.9% 3.12%
2025-06-12 2025-06-12 2025-06-26 Quarterly 0.07 16.7% 2.59%
2025-03-10 2025-03-10 2025-03-24 Quarterly 0.06 50% 2.43%
2024-12-17 2024-12-17 2025-01-16 Quarterly 0.04 -66.7% 1.59%
2024-09-26 2024-09-26 2024-11-26 Quarterly 0.12 0% 3.35%
2024-06-28 2024-06-28 2024-07-18 Quarterly 0.12 0% 2.97%
2024-03-19 2024-03-20 2024-04-10 Quarterly 0.12 100% 3.04%
2023-12-19 2023-12-20 2024-01-17 Quarterly 0.06 -53.8% 1.44%
2023-09-13 2023-09-14 2023-10-05 Quarterly 0.13 -13.3% 3.47%
2023-06-14 2023-06-15 2023-07-06 Quarterly 0.15 0% 4.2%
2023-03-13 2023-03-14 2023-03-28 Quarterly 0.15 200% 3.77%
2022-12-05 2022-12-06 2022-12-20 Quarterly 0.05 66.7% 1.36%
2022-09-14 2022-09-15 2022-10-12 Quarterly 0.03 50% 0.93%
2022-06-13 2022-06-14 2022-07-06 Quarterly 0.02 100% 1.03%
2022-03-10 2022-03-11 2022-03-30 Quarterly 0.01 0% 0.46%
2021-12-06 2021-12-07 2021-12-21 Quarterly 0.01 0% 0.55%
2021-09-23 2021-09-24 2021-10-14 Quarterly 0.01 -50% 0.44%
2021-06-03 2021-06-04 2021-06-18 Quarterly 0.02 0% 0.56%
2021-03-11 2021-03-12 2021-03-31 Quarterly 0.02 -50% N/A
2020-12-01 2020-12-02 2020-12-15 Quarterly 0.04 -80% N/A
2020-08-27 2020-08-28 2020-09-04 Quarterly 0.2 42.9% N/A
2020-05-22 2020-05-26 2020-06-05 Quarterly 0.14 100% N/A
2020-02-28 2020-03-02 2020-03-16 Quarterly 0.07 250% N/A
2019-12-04 2019-12-05 2019-12-18 Quarterly 0.02 100% N/A
2019-08-29 2019-08-30 2019-09-20 Quarterly 0.01 -66.7% N/A
2019-05-24 2019-05-28 2019-06-12 Unknown 0.03 -25% N/A
2019-02-28 2019-03-01 2019-03-15 Quarterly 0.04 300% N/A
2018-11-20 2018-11-21 2018-12-07 Quarterly 0.01 -50% N/A
2018-08-21 2018-08-22 2018-09-07 Quarterly 0.02 100% N/A
2018-05-23 2018-05-24 2018-06-12 Quarterly 0.01 -66.7% N/A
2018-02-20 2018-02-21 2018-03-09 Quarterly 0.03 0% N/A
2017-11-10 2017-11-13 2017-12-05 Quarterly 0.03 -70.2% N/A
2017-08-10 2017-08-14 2017-08-31 Quarterly 0.1008 -49.6% N/A
2017-05-18 2017-05-22 2017-06-08 Quarterly 0.2 0% N/A
2017-02-08 2017-02-10 2017-02-24 Quarterly 0.2 -23.1% N/A
2016-10-25 2016-10-27 2016-11-10 Quarterly 0.26 4% N/A
2016-08-15 2016-08-17 2016-08-31 Quarterly 0.25 -41.9% N/A
2016-05-10 2016-05-12 2016-05-27 Quarterly 0.43 0% N/A
2016-01-25 2016-01-27 2016-02-10 Quarterly 0.43 13.2% N/A
2015-10-27 2015-10-29 2015-11-12 Quarterly 0.38 -5% N/A
2015-07-27 2015-07-29 2015-08-12 Quarterly 0.4 5.3% N/A
2015-05-05 2015-05-07 2015-05-21 Quarterly 0.38 72.7% N/A
2015-01-20 2015-01-22 2015-02-09 Quarterly 0.22 57.1% N/A
2014-10-20 2014-10-22 2014-11-05 Quarterly 0.14 15.1% N/A
2014-07-23 2014-07-25 2014-08-11 Quarterly 0.1217 -47.1% N/A
2014-05-13 2014-05-15 2014-05-27 Quarterly 0.23 91.7% N/A
2014-02-18 2014-02-20 2014-03-03 Quarterly 0.12 -25% N/A
2013-11-26 2013-11-29 2013-12-11 Quarterly 0.16 0% N/A

NAT Dividend FAQ

Nordic American Tankers (NAT) is a Bermuda-based tanker company specializing in crude oil transportation. The company operates and charters double-hull Suezmax tankers globally.

What is the Dividend Yield of NAT?

As of April 2026, NAT`s dividend yield is 12.54%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.47 USD by the current share price of 5.86.

Does NAT pay a dividend?

As of April 2026, NAT paid a dividend of 0.47 USD in the last 12 months. The last dividend was paid on 2026-03-10 and the payout was 0.17 USD.

How often does NAT pay dividends?

NAT pays dividends quarterly. Over the last 12 months, NAT has issued 4 dividend payments. The last dividend payment was made on 2026-03-10.

NAT dividend forecast

Based on historical data, the forecasted dividends per share for NAT for the next payments are between 0.033 (-80.6%) and 0.085 (-50.0%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 4.06%.

Will NAT pay dividends in 2026?

The latest dividend paid per share was 0.17 USD with an Ex-Dividend Date of 2026-03-10. The next Ex-Dividend date for Nordic American Tankers (NAT) is currently unknown.

What is the next Ex-Dividend Date for NAT?

The next Ex-Dividend date for Nordic American Tankers (NAT) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NAT?

NAT's average dividend growth rate over the past 5 years is 56.5% per year.
Strong growth: NAT's Dividend growth is outpacing inflation.

What is the Yield on Cost of NAT?

NAT's 5-Year Yield on Cost is 22.4%. If you bought NAT's shares at 2.10 USD five years ago, your current annual dividend income (0.47 USD per share, trailing 12 months) equals 22.4% of your original purchase price.

What is the Payout Consistency of NAT?

NAT Payout Consistency is 80.3%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Moderately consistent: Nordic American Tankers has a good track record of consistent dividend payments over its lifetime.

Does NAT have a good Dividend Yield?

NAT`s 12.54% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of NAT?

The Dividend Payout Ratio of NAT is 600.0%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of NAT?

NAT`s Overall Dividend Rating is 81.46%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NAT Outstanding Shares Analysis

What is the Trend in NAT's Outstanding Shares?

Nordic American Tankers's outstanding shares have increased by approximately 0.7% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has NAT ever had a Stock Split?

Yes, the last stock split was on Aug 10, 2017 with a ratio of 1008:1000.

This was a forward split: Each share became 1.01 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1998 11,875,000
1999 10,000,000 -15.79%
2000 9,734,400 -2.66%
2001 9,706,600 -0.29%
2002 9,706,600
2003 9,706,600
2004 14,020,800 +44.45%
2005 21,046,400 +50.11%
2006 26,914,100 +27.88%
2007 29,975,300 +11.37%
2008 37,424,300 +24.85%
2009 45,542,800 +21.69%
2010 46,898,800 +2.98%
2011 51,435,500 +9.67%
2012 52,915,600 +2.88%
2013 75,382,000 +42.46%
2014 89,182,000 +18.31%
2015 89,182,000
2016 101,969,700 +14.34%
2017 109,361,000 +7.25%
2018 141,969,700 +29.82%
2019 143,980,700 +1.42%
2020 151,121,000 +4.96%
2021 178,327,000 +18%
2022 208,796,400 +17.09%
2023 208,796,400
2024 210,505,800 +0.82%
2025 211,750,700 +0.59%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-03-25 02:42