Nordic American Dividend and Recent Developments: Insights Before Ex-Dividend Date Jun 12, 2025
CashCowSunday, Jun 8, 2025 7:58 pm ET

Nordic American (NAT) has announced a cash dividend of $0.070 per share, with the ex-dividend date set for Jun 12, 2025, and the payment date scheduled for Jun 26, 2025. This dividend is slightly lower than the average of the last ten dividends per share, which stands at approximately $0.388. The announcement was made on May 29, 2025. In comparison, the previous dividend, paid on Mar 24, 2025, was $0.060 per share, also in the form of a cash dividend.
In recent developments, the Hansson family, notable shareholders in , has intensified their acquisition of company shares. As of late, Herbjorn and Alexander Hansson have increased their holdings by acquiring an additional 200,000 shares, bringing their total ownership to 9.6 million shares. This move underscores their confidence in the company's prospects despite recent scrutiny from the market.
Over the past week, Tankers reported a modest earnings growth, with earnings per share surpassing expectations at $0.02, compared to the anticipated $0.01. However, actual revenue of $37.95 million fell short of estimates, highlighting challenges in meeting analyst projections. Despite this, the company's performance is bolstered by a generous dividend strategy, which seems to mitigate the impact of weaker financial results.
Recently, industry analysts have noted an expected earnings growth of 8.33% for Nordic American Tankers in the coming year, projecting an increase from $0.24 to $0.26 per share. This anticipated growth is a positive sign for potential investors, reflecting optimistic future prospects for the company within the competitive tanker industry landscape.
In conclusion, Nordic American’s upcoming dividend, recent share acquisitions by the Hansson family, and expected earnings growth present a mixed yet promising outlook for investors. The ex-dividend date of Jun 12, 2025, marks the final opportunity for investors to purchase the company's stock and qualify for the forthcoming dividend. Any acquisitions made after this date will not be eligible for the current dividend distribution.
In recent developments, the Hansson family, notable shareholders in , has intensified their acquisition of company shares. As of late, Herbjorn and Alexander Hansson have increased their holdings by acquiring an additional 200,000 shares, bringing their total ownership to 9.6 million shares. This move underscores their confidence in the company's prospects despite recent scrutiny from the market.
Over the past week, Tankers reported a modest earnings growth, with earnings per share surpassing expectations at $0.02, compared to the anticipated $0.01. However, actual revenue of $37.95 million fell short of estimates, highlighting challenges in meeting analyst projections. Despite this, the company's performance is bolstered by a generous dividend strategy, which seems to mitigate the impact of weaker financial results.
Recently, industry analysts have noted an expected earnings growth of 8.33% for Nordic American Tankers in the coming year, projecting an increase from $0.24 to $0.26 per share. This anticipated growth is a positive sign for potential investors, reflecting optimistic future prospects for the company within the competitive tanker industry landscape.
In conclusion, Nordic American’s upcoming dividend, recent share acquisitions by the Hansson family, and expected earnings growth present a mixed yet promising outlook for investors. The ex-dividend date of Jun 12, 2025, marks the final opportunity for investors to purchase the company's stock and qualify for the forthcoming dividend. Any acquisitions made after this date will not be eligible for the current dividend distribution.

Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
Comments
No comments yet