Nordic American Tankers (NAT) Dividend Coverage Ratio (2009 - 2026)
Nordic American Tankers (NAT) posted Dividend Coverage Ratio of 1.83 for Q2 2026, down 3.44% on a QoQ basis from 1.77 in Q1 2026, and down 57.68% year-over-year from 4.32 in Q2 2025.
Analysis
Nordic American Tankers (NAT) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Nordic American Tankers has reported Dividend Coverage Ratio for 18 years, with the latest figure at 1.83 in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio fell 57.68% year-over-year to 1.83 in Q2 2026; TTM through Jun 2026 was 1.77, a 43.78% decrease from a year earlier, with the FY2025 full-year figure at 0.15, up 72.54% from the prior year.
- Dividend Coverage Ratio was 1.83 for Q2 2026 at Nordic American Tankers, down from 1.77 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 3.12 in Q4 2023, with the low at 6.08 in Q3 2022.
- Average Dividend Coverage Ratio over 5 years is 1.43, with a median of 1.77 recorded in 2026.
- The sharpest annual moves came in 2023 and 2025: Dividend Coverage Ratio jumped 200.12% in 2023, then slumped 177.87% in 2025.
- Over 5 years, Dividend Coverage Ratio stood at 3.11 in 2022, then surged by 200.12% to 3.12 in 2023, then tumbled by 158.71% to 1.83 in 2024, then slumped by 31.49% to 2.41 in 2025, then advanced by 24.01% to 1.83 in 2026.
- The last three Dividend Coverage Ratio figures came in at 1.83 (Q2 2026), 1.77 (Q1 2026), and 2.41 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -1.91 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 11.76 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 1.31 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -1.95 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -19.94 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 0.97 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -4.72 |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn | -1.83 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.83 |
| Mar 31, 2026 | -1.77 |
| Dec 31, 2025 | -2.41 |
| Sep 30, 2025 | -0.80 |
| Jun 30, 2025 | -1.16 |
| Mar 31, 2025 | -0.88 |
| Dec 31, 2024 | -1.83 |
| Sep 30, 2024 | -0.96 |
| Jun 30, 2024 | 1.49 |
| Mar 31, 2024 | -2.50 |
| Dec 31, 2023 | 3.12 |
| Sep 30, 2023 | -0.72 |
| Mar 31, 2023 | -2.01 |
| Dec 31, 2022 | -3.11 |
| Sep 30, 2022 | -6.08 |
| Dec 31, 2021 | 16.90 |
| Jun 30, 2021 | 4.83 |
| Mar 31, 2021 | 7.86 |
| Dec 31, 2020 | 2.61 |
| Sep 30, 2020 | -0.22 |