Nordic American Tankers Receives Mixed Ratings Amid Dividend Increase

Nordic American Tankers (NYSE: NAT) has recently experienced a series of rating updates from various brokerage firms, reflecting a mixed outlook for the company. Analysts at Weiss Ratings reaffirmed their “hold (c+)” rating on multiple occasions, including on December 29, December 22, and December 15, 2025. Conversely, on December 20, Wall Street Zen downgraded the stock from a “hold” rating to a “sell” rating, indicating a shift in sentiment among some analysts.

The fluctuations in ratings continued earlier in the month, with Wall Street Zen upgrading Nordic American Tankers from a “sell” to a “hold” rating on December 6. Additionally, Jefferies Financial Group Inc. maintained a “hold” rating on November 28, establishing a price target of $3.50 for the stock.

Dividend Announcement Signals Positive Change

Adding to the recent activity, Nordic American Tankers declared a quarterly dividend of $0.13, which was paid on December 22, 2025. Shareholders on record as of December 8 received this dividend, marking an increase from the previous quarterly dividend of $0.10. The annualized dividend now stands at $0.52, translating to a noteworthy dividend yield of 14.9%.

Despite the increase in dividends, the company’s current dividend payout ratio is significantly high at 2,600.00%. This figure raises some questions about the sustainability of such payouts moving forward.

Founded in 1995 and based in Hamilton, Bermuda, Nordic American Tankers specializes in maritime transportation and maintains technical and commercial management through established partnerships in ship management.

As the company navigates through these fluctuating ratings and dividend changes, investors will be closely watching how these developments impact its market performance in the coming months.