Nordic American Tankers Limited (NYSE:NAT)

CAPS Rating: 3 out of 5

The Company was formed for the purpose of acquiring and chartering three Suezmax tankers.

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Player Avatar ipsiety (20.30) Submitted: 7/15/2011 9:04:23 AM : Underperform Start Price: $19.34 NAT Score: +63.58

Anand:In its past five full fiscal years, it has paid out a hefty $571 million in dividends. That's more than its net income total or its free cash flow total. But it's not more than the $940 million in stock it floated. That's why I don't find its 5.3% dividend yield compelling at all.

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