SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company is also involved in the charter, purchase, and sale of assets. In addition, it operates in various sectors of the maritime, and shipping and offshore industries, including oil, chemical, oil product, container, and car transportation, as well as dry bulk shipments and drilling rigs. As of December 31, 2021, the company owned six crude oil tankers, 15 dry bulk carriers, 35 container vessels, two car carriers, one jack-up drilling rig, one ultra-deepwater drilling unit, two chemical tankers, and four oil product tankers. It primarily operates in Bermuda, Cyprus, Liberia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. SFL Corporation Ltd. was incorporated in 2003 and is based in Hamilton, Bermuda.
SFL Dividend Announcement
• SFL announced a quarterly dividend of $0.27 per ordinary share which will be made payable on 2024-12-27. Ex dividend date: 2024-12-13
• SFL annual dividend for 2024 was $1.07
• SFL annual dividend for 2023 was $0.97
• SFL's trailing twelve-month (TTM) dividend yield is 9.99%
• SFL's payout ratio for the trailing twelve months (TTM) is 95.50%
• SFL's dividend growth over the last five years (2018-2023) was -7.08% year
• SFL's dividend growth over the last ten years (2013-2023) was -1.86% year
SFL Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.27 | quarterly | 2024-12-27 |
2024-09-11 | $0.27 | quarterly | 2024-09-27 |
2024-05-24 | $0.27 | quarterly | 2024-06-26 |
2024-03-14 | $0.26 | quarterly | 2024-03-28 |
2023-12-14 | $0.25 | quarterly | 2023-12-28 |
2023-09-13 | $0.24 | quarterly | 2023-09-29 |
2023-06-15 | $0.24 | quarterly | 2023-06-30 |
2023-03-14 | $0.24 | quarterly | 2023-03-30 |
2022-12-13 | $0.23 | quarterly | 2022-12-30 |
2022-09-14 | $0.23 | quarterly | 2022-09-29 |
2022-06-14 | $0.22 | quarterly | 2022-06-29 |
2022-03-15 | $0.20 | quarterly | 2022-03-29 |
2021-12-14 | $0.18 | quarterly | 2021-12-29 |
2021-09-14 | $0.15 | quarterly | 2021-09-29 |
2021-06-11 | $0.15 | quarterly | 2021-06-29 |
2021-03-12 | $0.15 | quarterly | 2021-03-30 |
2020-12-11 | $0.15 | quarterly | 2020-12-30 |
2020-09-16 | $0.25 | quarterly | 2020-09-30 |
2020-06-17 | $0.25 | quarterly | 2020-06-30 |
2020-03-10 | $0.35 | quarterly | 2020-03-25 |
2019-12-13 | $0.35 | quarterly | 2019-12-27 |
2019-09-11 | $0.35 | quarterly | 2019-09-23 |
2018-12-11 | $0.35 | quarterly | 2018-12-28 |
2018-09-13 | $0.35 | quarterly | 2018-09-27 |
2018-06-14 | $0.35 | quarterly | 2018-06-29 |
2018-03-16 | $0.35 | quarterly | 2018-03-27 |
2017-12-08 | $0.35 | quarterly | 2017-12-29 |
2017-09-14 | $0.35 | quarterly | 2017-09-29 |
2017-06-14 | $0.45 | quarterly | 2017-06-29 |
2017-03-14 | $0.45 | quarterly | 2017-03-30 |
2016-12-08 | $0.45 | quarterly | 2016-12-29 |
2016-09-08 | $0.45 | quarterly | 2016-09-29 |
2016-06-10 | $0.45 | quarterly | 2016-06-29 |
2016-03-14 | $0.45 | quarterly | 2016-03-30 |
2015-12-08 | $0.45 | quarterly | 2015-12-30 |
2015-09-10 | $0.44 | quarterly | 2015-09-30 |
2015-06-11 | $0.43 | quarterly | 2015-06-30 |
2015-03-06 | $0.42 | quarterly | 2015-03-27 |
2014-12-10 | $0.41 | quarterly | 2014-12-30 |
2014-09-10 | $0.41 | quarterly | 2014-09-30 |
2014-06-10 | $0.41 | quarterly | 2014-06-30 |
2014-03-10 | $0.40 | quarterly | 2014-03-28 |
2013-12-10 | $0.39 | quarterly | 2013-12-30 |
2013-09-10 | $0.39 | quarterly | 2013-09-27 |
2013-06-19 | $0.39 | quarterly | 2013-06-28 |
SFL Dividend per year
SFL Dividend growth
SFL Dividend Yield
SFL current trailing twelve-month (TTM) dividend yield is 9.99%. Interested in purchasing SFL stock? Use our calculator to estimate your expected dividend yield:
SFL Financial Ratios
SFL Dividend FAQ
Other factors to consider when evaluating SFL as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: SFL's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SFL publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SFL distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SFL are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: SFL sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SFL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SFL declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of SFL's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SFL's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.