In NAT's case, the did not cut the dividend because of difficulties.
They cut because they had an opportunity to buy assets on sale that sets the stage to increase the dividend later.
This CEO is pretty impressive. He sees the long term --- and acts.
Bet NAT is back to $13 to $13.50. Which would be a healthy total return of 12% (factoring in dividends and price increase from 11.85).
GLTA
Successful Trading is the art of minimizing long term risk and maximizing capital allocation.
Recent NAT News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/30/2024 09:11:16 PM
- Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares • GlobeNewswire Inc. • 05/30/2024 01:47:15 PM
- Nordic American Tankers Ltd (NYSE: NAT) – Report as per March 31, 2024 – Dividend is a top priority. • GlobeNewswire Inc. • 05/29/2024 12:09:52 PM
- US Index Futures Drop Amid Rising Treasury Yields and Inflation Concerns, Oil Prices Increase • IH Market News • 05/29/2024 11:28:38 AM
- Nordic American Tankers Ltd (NYSE: NAT) – 1Q 2024 Earnings Report • GlobeNewswire Inc. • 05/14/2024 01:45:33 PM
- Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson buys more NAT shares • GlobeNewswire Inc. • 04/04/2024 01:50:49 PM
- Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson buys more NAT shares • GlobeNewswire Inc. • 03/12/2024 01:57:22 PM
- Nordic American Tankers Ltd (NYSE: NAT) – A snapshot of the present market conditions • GlobeNewswire Inc. • 03/07/2024 02:08:12 PM
- Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson buys more NAT shares • GlobeNewswire Inc. • 03/04/2024 02:53:56 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/01/2024 10:09:14 PM
- Nordic American Tankers Ltd (NYSE: NAT) – Report as per December 31, 2023 – Dividend is up and solid prospects going forward • GlobeNewswire Inc. • 02/29/2024 10:23:30 AM
- Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO outlines the international reach of the NAT operations • GlobeNewswire Inc. • 02/15/2024 02:39:35 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/02/2024 07:18:07 PM
- Nordic American Tankers Ltd (NYSE: NAT) – Greetings for the Season • GlobeNewswire Inc. • 12/14/2023 11:50:26 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/30/2023 09:37:40 PM
- Correction: Nordic American Tankers Ltd (NYSE: NAT) – Board Member Alexander Hansson buys more NAT shares • GlobeNewswire Inc. • 11/30/2023 03:00:20 PM
- Nordic American Tankers Ltd (NYSE: NAT) – • GlobeNewswire Inc. • 11/30/2023 02:56:38 PM
- Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2023 – The direction is up in a strong market • GlobeNewswire Inc. • 11/29/2023 11:54:54 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/16/2023 09:26:56 PM
- Nordic American Tankers Ltd (NYSE: NAT) – Announces Results of its 2023 Annual General Meeting of Shareholders • GlobeNewswire Inc. • 11/16/2023 02:26:52 PM
- Nordic American Tankers Ltd (NYSE: NAT) – Most recent market fixtures for our ships • GlobeNewswire Inc. • 11/14/2023 04:58:11 PM
- Nordic American Tankers Ltd (NYSE: NAT) – A Dividend Company • GlobeNewswire Inc. • 10/25/2023 12:57:01 PM
- Nordic American Tankers Ltd (NYSE: NAT) – Purchase of suezmax tanker - increasing the NAT fleet to 20 ships • GlobeNewswire Inc. • 10/19/2023 09:22:40 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/02/2023 08:11:53 PM
- Nordic American Tankers Ltd (NYSE: NAT) – 2023 Annual General Meeting of Shareholders (AGM) • GlobeNewswire Inc. • 10/02/2023 11:59:56 AM
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