"Nordic American Tankers has been raising its dividend steadily, with the most recent payout of $0.17 per share compared to just $0.06 per share a year ago. Q4 2025 average time charter equivalent rates hit $35,000 per day per vessel, up 25% sequentially. For Q1 2026, Nordic booked roughly two-thirds of its spot days at approximately $55,000 per day and locked in a one-year fixed contract with an oil major at above $50,000 per day, adding meaningful revenue visibility."
"Supply dynamics support the setup: 161 Suezmax tankers aging past 20 years over the next two years versus only 83 new deliveries scheduled, a structural imbalance that tightens the market and supports rates. Nordic also ordered two newbuilds for 2028 delivery. CEO Herbjørn Hansson put it plainly: 'In an improved market, higher dividends can be expected.'"
"Noble Corporation is an offshore contract driller up 56.43% in 2026. The stock pays $0.50 per share quarterly, or $2.00 annualized, at a current yield of about 4.42%. Backlog now sits at $7.5 billion, anchored by a three-year contract for the Noble GreatWhite with Aker BP worth $473 million and a two-year deal with ExxonMobil Nigeria."
A screen of high-yield dividend stocks reveals three energy sector names leading performance gains. Nordic American Tankers, up 63.37% year-to-date, operates Suezmax tankers with improving rates reaching $35,000 per day in Q4 2025 and $55,000 per day bookings for Q1 2026. Supply constraints from aging vessels support rate sustainability. The company increased dividends from $0.06 to $0.17 per share and returned to profitability. Noble Corporation, an offshore driller up 56.43%, pays $2.00 annualized dividends at 4.42% yield, backed by $7.5 billion in backlog including major contracts with Aker BP and ExxonMobil. Both companies demonstrate strong fundamentals supporting continued dividend growth.
Read at 24/7 Wall St.
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