Nordic American Tankers: Grab That 13% Yield While The Tanker Boom Lasts
A Seeking Alpha article highlights Nordic American Tankers’ recent fixtures averaging $96,800 per day, up from $63,000 in Q2, and an approximate 13% but variable dividend yield. It also notes that rate volatility, high payout ratios, and vessel sales make dividend sustainability uncertain.
Why it matters — NAT watchers may weigh stronger recent fixture rates against uncertainty about how long cash flows and dividend payments can be sustained.