Nordic American Tankers Receives Mixed Ratings Amid Dividend Increase

Nordic American Tankers (NYSE: NAT) has recently been the focus of several ratings updates from various brokerages and research firms, revealing a mixed outlook for the company. On December 29, 2025, analysts at Weiss Ratings reaffirmed their “hold (c+)” rating for Nordic American Tankers, a sentiment echoed on multiple occasions throughout December. However, the company also faced a downgrade from Wall Street Zen, which changed its rating from “hold” to “sell” on December 20, 2025.

In a series of updates, Weiss Ratings reaffirmed their “hold (c+)” rating on December 15, 2025, and again on December 8, 2025. On that same day, Wall Street Zen upgraded the stock from a “sell” rating to a “hold.” Additionally, Jefferies Financial Group Inc. maintained a “hold” rating on November 28, 2025, setting a price target of $3.50 for the stock.

Dividend Announcement Highlights Positive Change

Alongside these ratings updates, Nordic American Tankers has declared a quarterly dividend of $0.13, which was paid to shareholders on December 22, 2025. This represents an increase from the previous quarterly dividend of $0.10. Stockholders of record on December 8, 2025, were eligible for this payment, translating to an annualized dividend of $0.52 and a notable dividend yield of 14.9%.

Despite the increase in dividends, the company’s dividend payout ratio stands at an extraordinary 2,600.00%, indicating a significant commitment to returning value to shareholders, albeit at a high operational cost.

Founded in 1995 and headquartered in Hamilton, Bermuda, Nordic American Tankers specializes in the technical and commercial management of tankers through established ship-management partners. As the firm navigates fluctuating market conditions and investor sentiment, its recent dividend increase may serve as a strategic move to maintain shareholder confidence amid mixed ratings from analysts.

Investors continue to monitor developments surrounding Nordic American Tankers as both ratings adjustments and dividend strategies unfold in the upcoming months.