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Hamilton, Bermuda, January 7, 2016
We would like to inform you that the NAT dividend for 4Q2015 is scheduled to be announced January 15, 2016, before NYSE opening.
The Suezmax tanker market has been strong during the fourth quarter 2015, producing good results. The oil price remains low, which is positive for NAT.
NAT has paid dividends for the past 73 consecutive quarters since the autumn of 1997. The dividend for the third quarter 2015 was $0.38 per share. The 4Q2015 earnings report is scheduled to be announced before NYSE opening February 8, 2015.
Nordic American Tanker Shipping Ltd., press release