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Nordic American Tanker: Dividend Stock Analysis

Here is some information about a similar investment that may be of interest.

TNK

1. TNK Q3 income should be near Q2 due to no real significant changes
in shipping rates for TNK vessels.

2. Q4 and Q1 are typically the strongest months due to heating oil
usage increases in N.America.

3. TNK has a profit with only 6 time charters operating. The 5 extra
spot ships are all profit.

4. None of the time charters expire within the next year.

5. TNK has no debt with American banks and no debt that is due within
the next several years.

6. All of the debt is hedged to create fixed interest rates.

7. TNK is currently selling at a 23% yld due to general market fear
and small company size.

What does this mean.

If you want income and someplace safe to wait out this economic storm
then you have found it here. TNK is at a bottom in terms of price due
to being lumped in with dry shippers and other shippers with uncertain
income streams.

Best Regards,