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Dividend-watching at Nordic American Tankers

  • Nordic American Tankers (NYSE:NAT) is on watch after the company drops its dividend payout rate.
  • Some traders were expecting a larger cut by Nordic than the $0.02 quarterly reduction.
  • Shares of Nordic are up 122% over the last 52 weeks.
  • NAT -0.12% premarket on light volume.
  • Previously: Nordic American Tankers declares $0.38 dividend (Oct. 14 2015)

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NAT--
Nordic American Tankers Limited