Nordic American Tankers NAT
NYSE NAT
$7.24 +0.13 (+1.83%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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