DV
Dividend Vision

NAT Stock — Nordic American Tankers Limited

Nordic American Tankers Limited (NAT)

Updated October 16, 2026.

Verdict as of October 16, 2026

NAT's distribution is rated caution by the Dividend Vision Distribution Safety Score™ (57/100, high confidence). It pays quarterly and its distribution rate is 14.10%. The latest total cash payment per current share, $0.27 with an ex-date of September 10, 2026, was 22.7% higher than the previous $0.22. These payments are unclassified; this does not establish a base-dividend change.

Sources: Section 19a-1 notices, scoring methodology.

NAT is a Stock. its distribution rate is 14.10%, its trailing-12-month yield is 10.31%. Dividend Vision Distribution Safety Score™ is 57/100 (Caution). Total return is 757.6% over the past 29 years, 472.5 points behind SPY at 1230.1%.

NAT dividend yield and income

Price as of 2026-10-16.

The distribution rate (14.10%) uses calculation basis unavailable. Trailing-12-month yield (10.31%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.27. The ex-dividend date is 09/10/2026. The payment date is 09/24/2026.

Recorded distribution timeline (117)
Ex-dateAs paidPer current shareChange from previous payment
2026-09-10$0.27$0.2722.7%
Unclassified cash
2026-06-10$0.22$0.2229.4%
Unclassified cash
2026-03-10$0.17$0.1730.8%
Unclassified cash
2025-12-08$0.13$0.1330.0%
Unclassified cash
2025-09-12$0.1$0.142.9%
Unclassified cash
2025-06-12$0.07$0.0716.7%
Unclassified cash
2025-03-10$0.06$0.0650.0%
Unclassified cash
2024-12-17$0.04$0.04-66.7%
Unclassified cash
2024-09-26$0.12$0.120.0%
Unclassified cash
2024-06-28$0.12$0.120.0%
Unclassified cash
2024-03-19$0.12$0.12100.0%
Unclassified cash
2023-12-19$0.06$0.06-53.8%
Unclassified cash
2023-09-13$0.13$0.13-13.3%
Unclassified cash
2023-06-14$0.15$0.150.0%
Unclassified cash
2023-03-13$0.15$0.15200.0%
Unclassified cash
2022-12-05$0.05$0.0566.7%
Unclassified cash
2022-09-14$0.03$0.0350.0%
Unclassified cash
2022-06-13$0.02$0.02100.0%
Unclassified cash
2022-03-10$0.01$0.010.0%
Unclassified cash
2021-12-06$0.01$0.010.0%
Unclassified cash
2021-09-23$0.01$0.01-50.0%
Unclassified cash
2021-06-03$0.02$0.020.0%
Unclassified cash
2021-03-11$0.02$0.02-50.0%
Unclassified cash
2020-12-01$0.04$0.04-80.0%
Unclassified cash
2020-08-27$0.2$0.242.9%
Unclassified cash
2020-05-22$0.14$0.14100.0%
Unclassified cash
2020-02-28$0.07$0.07250.0%
Unclassified cash
2019-12-04$0.02$0.02100.0%
Unclassified cash
2019-08-29$0.01$0.01-66.7%
Unclassified cash
2019-05-24$0.03$0.03-25.0%
Unclassified cash
2019-02-28$0.04$0.04300.0%
Unclassified cash
2018-11-20$0.01$0.01-50.0%
Unclassified cash
2018-08-21$0.02$0.02100.0%
Unclassified cash
2018-05-23$0.01$0.01-66.7%
Unclassified cash
2018-02-20$0.03$0.030.0%
Unclassified cash
2017-11-10$0.03$0.03-70.2%
Unclassified cash
2017-08-10$0.1008$0.1008-49.2%
Unclassified cash
2017-05-18$0.2$0.19840.0%
Unclassified cash
2017-02-08$0.2$0.1984-23.1%
Unclassified cash
2016-10-25$0.26$0.25794.0%
Unclassified cash
2016-08-15$0.25$0.248-41.9%
Unclassified cash
2016-05-10$0.43$0.42660.0%
Unclassified cash
2016-01-25$0.43$0.426613.2%
Unclassified cash
2015-10-27$0.38$0.377-5.0%
Unclassified cash
2015-07-27$0.4$0.39685.3%
Unclassified cash
2015-05-05$0.38$0.37772.7%
Unclassified cash
2015-01-20$0.22$0.218357.1%
Unclassified cash
2014-10-20$0.14$0.138915.1%
Unclassified cash
2014-07-23$0.12168$0.1207-46.4%
Unclassified cash
2014-05-13$0.23$0.22591.7%
Unclassified cash
2014-02-18$0.12$0.1174-25.0%
Unclassified cash
2013-11-26$0.16$0.15650.0%
Unclassified cash
2013-07-29$0.16$0.15650.0%
Unclassified cash
2013-04-26$0.16$0.15650.0%
Unclassified cash
2013-01-28$0.16$0.1565-46.7%
Unclassified cash
2012-11-27$0.3$0.29350.0%
Unclassified cash
2012-08-15$0.3$0.29350.0%
Unclassified cash
2012-05-16$0.3$0.29350.0%
Unclassified cash
2012-02-21$0.3$0.29350.0%
Unclassified cash
2011-11-21$0.3$0.29350.0%
Unclassified cash
2011-08-17$0.3$0.29350.0%
Unclassified cash
2011-05-16$0.3$0.293520.0%
Unclassified cash
2011-02-22$0.25$0.24460.0%
Unclassified cash
2010-11-18$0.25$0.2446-58.3%
Unclassified cash
2010-08-18$0.6$0.5870.0%
Unclassified cash
2010-05-17$0.6$0.587140.0%
Unclassified cash
2010-02-19$0.25$0.2446150.0%
Unclassified cash
2009-11-19$0.1$0.0978-80.0%
Unclassified cash
2009-08-19$0.5$0.4892-43.2%
Unclassified cash
2009-05-18$0.88$0.8611.1%
Unclassified cash
2009-02-23$0.87$0.8512-46.0%
Unclassified cash
2008-11-19$1.61$1.57520.6%
Unclassified cash
2008-08-19$1.6$1.565435.6%
Unclassified cash
2008-05-21$1.18$1.1545136.0%
Unclassified cash
2008-02-20$0.5$0.489225.0%
Unclassified cash
2007-11-19$0.4$0.3913-65.8%
Unclassified cash
2007-08-15$1.17$1.1447-5.6%
Unclassified cash
2007-05-21$1.24$1.213224.0%
Unclassified cash
2007-02-20$1$0.9784-24.2%
Unclassified cash
2006-11-13$1.32$1.291423.4%
Unclassified cash
2006-08-14$1.07$1.0469-32.3%
Unclassified cash
2006-05-10$1.58$1.5458-16.0%
Unclassified cash
2006-02-14$1.88$1.8393213.3%
Unclassified cash
2005-10-31$0.6$0.587-28.6%
Unclassified cash
2005-08-08$0.84$0.8218-27.0%
Unclassified cash
2005-05-05$1.15$1.1251-29.0%
Unclassified cash
2005-02-02$1.62$1.58545.9%
Unclassified cash
2004-10-27$1.11$1.08626.1%
Unclassified cash
2004-07-27$0.88$0.861-48.2%
Unclassified cash
2004-04-27$1.7$1.663247.8%
Unclassified cash
2004-01-26$1.15$1.1251210.8%
Unclassified cash
2003-10-27$0.37$0.362-52.6%
Unclassified cash
2003-07-24$0.78$0.7631-38.6%
Unclassified cash
2003-04-23$1.27$1.2425101.6%
Unclassified cash
2003-01-31$0.63$0.616496.9%
Unclassified cash
2002-10-23$0.32$0.3131-3.0%
Unclassified cash
2002-07-24$0.33$0.3229-2.9%
Unclassified cash
2002-04-24$0.34001$0.3327-5.6%
Unclassified cash
2002-01-23$0.36$0.3522-34.5%
Unclassified cash
2001-10-24$0.55$0.5381-23.6%
Unclassified cash
2001-07-25$0.72$0.7044-39.5%
Unclassified cash
2001-04-24$1.19$1.1643-15.6%
Unclassified cash
2001-01-24$1.41$1.379528.2%
Unclassified cash
2000-10-25$1.1$1.07620364.2%
Unclassified cash
2000-07-25$0.67$0.655548.9%
Unclassified cash
2000-04-25$0.45001$0.440332.4%
Unclassified cash
2000-01-25$0.34001$0.33270.6%
Unclassified cash
1999-10-25$0.338$0.3307-3.4%
Unclassified cash
1999-07-23$0.35$0.342411.1%
Unclassified cash
1999-04-27$0.315$0.3082-6.8%
Unclassified cash
1999-01-25$0.338$0.330712.7%
Unclassified cash
1998-10-23$0.3$0.2935-26.8%
Unclassified cash
1998-07-23$0.41$0.401147.5%
Unclassified cash
1998-04-23$0.278$0.272-30.5%
Unclassified cash
1998-01-23$0.4$0.3913N/A
1997-10-28$0.31921$0.3123N/A
1997-10-23$0.3$0.2935—
1997 total (partial launch year)—$0.6058—
1998 total (cadence changed)—$1.358—
1999 total—$1.312-3.4%
2000 total—$2.504690.9%
2001 total—$3.786351.2%
2002 total—$1.3208-65.1%
2003 total—$2.984125.9%
2004 total—$4.735358.7%
2005 total—$4.1189-13.0%
2006 total—$5.723439.0%
2007 total—$3.7276-34.9%
2008 total—$4.784228.3%
2009 total—$2.2992-51.9%
2010 total—$1.6632-27.7%
2011 total—$1.1251-32.4%
2012 total—$1.1744.3%
2013 total—$0.6262-46.7%
2014 total—$0.602-3.9%
2015 total—$1.369127.4%
2016 total—$1.3591-0.7%
2017 total—$0.5276-61.2%
2018 total—$0.07-86.7%
2019 total—$0.142.9%
2020 total—$0.45350.0%
2021 total—$0.06-86.7%
2022 total—$0.1183.3%
2023 total—$0.49345.5%
2024 total—$0.4-18.4%
2025 total—$0.36-10.0%
2026 YTD total—$0.66187.0% vs prior-year YTD

NAT dividend growth

Trailing-12-month distributions versus the preceding 12 months changed +192.6%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -51.13%.

TTM income vs TTM N years earlier
WindowChange
1Y+192.6%
3Y64.6%
5Y777.8%
10Y-46.6%

NAT performance versus SPY

Price and return data through 2026-10-16.

Total return is 757.6% over the past 29 years, 472.5 points behind SPY at 1230.1%. Over the past year its total return — price change plus distributions reinvested — is 162.3%. Its deepest 1-year drawdown was 18.4%.

WindowTotal returnCAGR
1M-4.1%—
3M28.3%—
6M41.6%—
YTD148.8%—
1Y162.3%—
2Y CAGR—66.10%
3Y CAGR—37.30%
5Y CAGR—39.20%
10Y CAGR—6.80%
Since inception (29 years)757.6%7.70%

NAT key facts

Distribution Safety Score™
57 · Caution
Safety-Adjusted Yield
8.04%
Asset type
Stock
Asset class
Equity
Inception date
09/30/1997
Distribution rate
14.10%
Distribution frequency
Quarterly
Trailing yield
10.31%
5-year average yield
5.58
Last close
$7.66 (as of 2026-10-16)
Market cap
$1,622,010,079
Average volume
4553611.0
Dividend
$0.27
Ex-dividend date
09/10/2026
Payment date
09/24/2026
Beta
-0.523
Payout ratio
1.7%
P/E ratio
12.98
Forward P/E
13.9665
EPS
$0.59

How Dividend Vision calculates yield and returns

Distribution rate (14.10%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (10.31%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NAT risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 18.4%.

Who may consider NAT — and who may not

It is a weaker fit for investors who need monthly cash flow (NAT pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on NAT

Tagged: Energy, Dividend.

Frequently asked questions

Does NAT pay monthly?

No. NAT currently pays quarterly, not monthly.

What is NAT's dividend yield?

NAT's distribution rate is 14.10%, paid quarterly — calculation basis unavailable.

How has NAT's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed +192.6%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does NAT pay a dividend?

NAT pays quarterly. The dividend amount is $0.27. The ex-dividend date is 09/10/2026. The payment date is 09/24/2026.

How has NAT performed?

Total return is 757.6% over the past 29 years, 472.5 points behind SPY at 1230.1%. Over the past year its total return — price change plus distributions reinvested — is 162.3%. Its deepest 1-year drawdown was 18.4%.

Is NAT a good investment?

NAT's Dividend Vision Distribution Safety Score is 57 (Caution). That is a risk signal, not investment advice. Its distribution rate is 14.10% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.