Nordic American Tanker Shipping Limited - Earning & Dividend Analysis Snapshot

This detailed Report provides an Earnings and Dividends history for Nordic American Tanker Shipping Limited. Tabular results include up to a ten-year history of "as reported" Earnings per Share and Dividends per Share plus a calculation of the amount of earnings paid out over the year in dividends (i.e. Payout Ratio). Earnings and Dividends are presented on both a Quarterly and Annual basis. An annual Percent Change factor is calculated for both Earnings and Dividends.

Nordic American Tanker Shipping Limited. The Group's principal activity is to own and operate Suezmax crude oil tankers. It operates vessels on bareboat charter, spot related time charters and in the spot market. The Group has time chartered two of its original vessels at spot market related rates for three-year terms up to the autumn of 2007. It has bareboat chartered the third of its original three vessels to Gulf Navigation Company LLC of Dubai, UAE for a term of five years at a fixed rate of charterhire. In March 2005, the Group acquired its fifth and sixth vessel, In August 2005 Seventh Vessel. The Group's fleet consists of twelve vessels.

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