5 Dividend Stocks Flashing Warning Signs
A fat dividend yield can be the last thing a struggling company offers before it disappears entirely. These five income stocks are paying out more than their earnings and cash flow can…
Headquartered in Par La Ville Place, Hamilton Fiscal year ends December NYSE: NAT nat.bm
Nordic American Tankers Limited (NAT) is a Bermuda-based tanker shipping company listed on the NYSE that owns and operates a homogeneous fleet of Suezmax tankers, each capable of carrying approximately 1 million barrels of crude oil. As of June 30, 2026, the fleet consisted of 17 Suezmax tankers with two newbuildings on order for 2028 delivery. The company primarily operates in the spot tanker market, transporting crude oil globally for major oil companies and oil traders who account for approximately 50% of vessel utilization. NAT has loaded and discharged cargo in 68 countries over the past five years. Most vessels are built in South Korea. The company finances its fleet through secured credit facilities with Beal Bank and sale-leaseback arrangements with Ocean Yield. NAT is structured as a dividend company with a policy of distributing free cash flows to shareholders, having declared 116 consecutive quarterly dividends since its 1996 listing. The company does not operate any vessels other than Suezmaxes, maintaining fleet homogeneity as a competitive advantage for operational efficiency and customer flexibility. Updated
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Nordic American Tankers Limited (NAT) is a Bermuda-based tanker shipping company listed on the NYSE that owns and operates a homogeneous fleet of Suezmax tankers, each capable of carrying approximately 1 million barrels of crude oil.
The Wall Street consensus 12-month price target for NAT is $7.50.