Herbjorn Hansson’s Nordic American Tankers has “an ocean of dividends on the horizon”, according to Clarksons Securities.
The investment bank says the US-listed suezmax owner will benefit from the resurgent tanker market through high trading liquidity and an established track record of payments to investors.
This should make the company “an investor favourite” as high rates lead to surging cash flow, Clarksons Securities head of research Turner Holm and associate Jacob Stolt-Nielsen said in a note to clients.
