Nordic American Tankers Ltd (NAT)

[tr8dervic]

If crude rises in price, it could be a very long time before a div increase.. Low crude prices encourage tanker storage, high prices they sell and unload. Lots of new tankers coming on stream the last few years and ordered for the next few. Nobody will get killed by a stock that pays a hefty dividend yield, but you won't get rich either.

From a shorts point of view, the stock has to lose 10% a year just to break even so you would be stupid to short it. From a longs point of view the dividend might get cut further making the comfy yield iffy. Path of least resistance is sideways until next divy CHANGE is announced. If stays the same = slightly bullish imho. If cut or raised then it's obvious imo.

Vic