|Day Low/High||8.59 / 8.94|
|52 Wk Low/High||8.81 / 16.18|
Looking at the universe of stocks we cover at Dividend Channel, on 10/25/16, Nordic American Tankers Ltd will trade ex-dividend, for its quarterly dividend of $0.26, payable on 11/10/16. As a percentage of NAT's recent stock price of $9.74, this dividend works out to approximately 2.67%, so look for shares of Nordic American Tankers Ltd to trade 2.67% lower — all else being equal — when NAT shares open for trading on 10/25/16.
Jim Cramer says he doesn't like solar companies, but ICE is cool. Cable stocks, he says, are underrated.
Staying home is the new going out, and these companies are profiting, Cramer says.
In recent trading, shares of Nordic American Tankers Ltd have crossed above the average analyst 12-month target price of $9.40, changing hands for $9.62/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Cramer says Applied Materials shouldn't be down and he's turning his back on Nordic American Tanker.
Investors hate uncertainty, Cramer says, but uncertainty creates bargains.
In recent trading, shares of Nordic American Tankers Ltd have crossed above the average analyst 12-month target price of $10.60, changing hands for $10.96/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Investors in Nordic American Tankers Ltd saw new options begin trading today, for the April 2017 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Nordic American Tankers Ltd presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of Nordic American Tankers Ltd were yielding above the 9% mark based on its quarterly dividend (annualized to $1.00), with the stock changing hands as low as $10.90 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.