An 8% yield even AFTER a recent dividend cut is what I like about NAT.
I bet that as they get those 6 new tankers operating, we may see a small dividend increase within the next twelve months and a price increase of 10% or so. A total return of 18% over 12 months--or 18 months if it takes that long--is pretty attractive.
And if the market starts to get shaky, we all know that dividend paying stocks become "safe havens" for many investors.
Short Interest (Shares Short) 16,047,700 Days To Cover (Short Interest Ratio) 9.5 Short Percent of Float 8.08 % Short Interest - Prior 14,498,300 Short % Increase 10.69%