Nordic American Tankers (Nordic American Tankers) 5-Year Yield-on-Cost % : 20.17 (As of Apr. 27, 2024)

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What is Nordic American Tankers 5-Year Yield-on-Cost %?

Nordic American Tankers's yield on cost for the quarter that ended in Dec. 2023 was 20.17.

The historical rank and industry rank for Nordic American Tankers's 5-Year Yield-on-Cost % or its related term are showing as below:

NAT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.76 Med: 14.14 Max: 53.71
Current: 20.17

During the past 13 years, Nordic American Tankers's highest Yield on Cost was 53.71. The lowest was 2.76. And the median was 14.14.

NAT's 5-Year Yield-on-Cost % is ranked better than
92.8% of 625 companies
in the Transportation industry
Industry Median: 3.52 vs NAT: 20.17

Competitive Comparison of Nordic American Tankers's 5-Year Yield-on-Cost %

For the Marine Shipping subindustry, Nordic American Tankers's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nordic American Tankers's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nordic American Tankers's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Nordic American Tankers's 5-Year Yield-on-Cost % falls into.

Nordic American Tankers 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Nordic American Tankers is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Nordic American Tankers (NYSE:NAT) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Nordic American Tankers 5-Year Yield-on-Cost % Related Terms

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Nordic American Tankers (Nordic American Tankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nordic American Tankers Ltd (NYSE:NAT) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

B30:Germany B3O:Germany

Address

26 Victoria Street, Swan Building, Hamilton, BMU, HM 12

Website

https://www.nat.bm

Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.