Nordic American Tanker (NAT) has released an update.
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Nordic American Tankers Limited (NAT) reported a robust second quarter in 2024 with a net profit of $21.6 million, marking a significant improvement from the previous quarter. The company announced its 108th consecutive quarterly dividend of $0.12 per share, emphasizing its commitment to shareholder returns. Amidst a tight supply-demand balance in the tanker market and ongoing global political uncertainties, NAT’s fleet of Suezmax tankers positions it well to capitalize on strong market conditions.
For further insights into NAT stock, check out TipRanks’ Stock Analysis page.
