|Day Low/High||10.00 / 10.35|
|52 Wk Low/High||9.94 / 17.02|
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.
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