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Non-Tech : Nordic American Tankers (NAT) -- Ignore unavailable to you. Want to Upgrade?


To: The Barracudaâ„¢ who wrote (3)9/25/2000 2:26:54 PM
From: Logain Ablar  Read Replies (1) | Respond to of 52
 
HI X:

Nice to see a thread started. FYI last quarter's dividend was 67 cents. I think it will hit 85 cents this quarter but that is just a guess. No analysis or tie in to tanker rates.

With the 1/4 look back I think we have two more quarters of increases (one more after the one coming up) and then maybe a leveling off.

This guess is just on the assumption tanker rates can't keep just going up. One point I didn't see is Lloyds no longer insures tankers over 15 years old. Helps in the rates.

I purchased this stock just for the dividend and the capital appreciation has been a nice benefit. While I have a full position I may over weigh a little more if it falls back to far.

Tim