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Tuesday, May 11, 2010

NAT - nice dividend

NAT issued their dividend for the quarter, and its a nice one: $0.60 for Q1. (article)

If anyone is looking for a dividend play, look at NAT. Its a part of the 'timeless portfolio' for that very reason.

The dividend is not as safe as KMP, and can fluctuate. But given the current global recovery and stable suezmax tank market spot prices, continued high dividend seems stable.

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