Nordic American Tankers Ltd (NYSE: NAT) – Report as per March 31, 2026 – NAT continues to prosper and raises its dividend. Market conditions for NAT are now the best for several decades.
Nordic American Tankers reported a Q1 2026 net result of $46.3 million, which exceeded the company's entire net result for fiscal year 2025. The company raised its quarterly dividend to $0.22 per share, marking the 115th consecutive quarterly payout since its 1996 listing.
Key figures
- Eps
- 0
- Eps Beat
- 0
- Revenue
- 0
- Guidance
- Q2 fleet booked at ~$68,000/day; operating costs below $10,000/day/ship
- Revenue Yoy
- 0
- Fleet size
- 18
- Net income q1
- 46300000
- Q1 tce per day
- 47600
- Vessels on order
- 2
- Dividend per share q1
- 0.22
- Q2 tce per day booked
- 68000
- Operating cost per day
- <$10,000
- Net income 2025 full year
- less than $46.3 million
AI analysis
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