Looking at the universe of stocks we cover at Dividend Channel, on 2/18/14, Nordic American Tankers Ltd (NAT) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 3/3/14. As a percentage of NAT's recent stock price of $9.98, this dividend works out to approximately 1.20%, so look for shares of Nordic American Tankers Ltd to trade 1.20% lower — all else being equal — when NAT shares open for trading on 2/18/14.
Below is a dividend history chart for NAT, showing historical dividends prior to the most recent $0.12 declared by Nordic American Tankers Ltd:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NAT is likely to continue, and whether the current estimated yield of 4.81% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NAT shares, versus its 200 day moving average:Looking at the chart above, NAT's low point in its 52 week range is $7.00 per share, with $12.61 as the 52 week high point — that compares with a last trade of $9.99.
In Friday trading, Nordic American Tankers Ltd shares are currently down about 1.4% on the day.