Nordic American Tankers Limited (NAT) offers high dividend yield under $10

From Yahoo Finance: 2025-04-11 14:39:00

In 2022, companies paid out a record $565 billion in dividends, the highest ever recorded, as interest rates rose for the first time in decades. Major tech companies joined the dividend club in 2024, showing a commitment to rewarding investors with billions returned through dividends. S&P Global reported global dividend growth rose by 8.5% in 2024, with strong growth in Asia-Pacific and the US market. Dividend stocks are performing well in the volatile market, with analysts predicting a 7% increase in US total dividend payouts to $784 billion in 2025.

Nordic American Tankers Limited (NYSE: NAT), with a dividend yield of 14.85%, is one of the high dividend stocks to invest in under $10. The company reported net voyage revenues of $225 million and a net profit of $46.6 million in 2024. Nordic American Tankers has paid regular dividends for 110 consecutive quarters and offers a quarterly dividend of $0.06 per share. The company recently agreed to acquire a Suezmax tanker to enhance earnings potential and dividend capacity, funded through cash and lease financing.



Read more at Yahoo Finance: One of the High-Dividend Stocks to Invest In Under $10