Kevin B.

Ten Top Value Traps with Unreasonably High Dividends

NAT's stock has not plummeted - held up quite well actually. FYI

Ten Top Value Traps with Unreasonably High Dividends

FYI - NAT has ZERO debt on its balance sheet, a payout ratio of over 100%, 45 straight quarters of dividend payouts and increasign them, along with a blance sheet that can withstand the tough economic times. I think you could do some more research on the financial statments and history before labeling a stock as a value trap. Even if they cut their dividend down by 50% thats still about 10%+. Not exaclty sure what your looking at, but the frieght rates have bottomed and this is teh best time to be buying NAT - which is the best shipper due to its financial condition. They just had a new shares issued to take advantage of super cheap building prices on freights - this sounds positive not negative along with ZERO debt!! I bet you dont own one stock that has zero debt - tough to find and a must own. Is it ironic that investment banks are going to start buying freights instead of trading oil? I dont think so.