공지 • May 06
SFL Corporation Ltd. to Report Q1, 2026 Results on May 12, 2026 SFL Corporation Ltd. announced that they will report Q1, 2026 results on May 12, 2026 공지 • Mar 28
SFL Corporation Ltd., Annual General Meeting, May 11, 2026 SFL Corporation Ltd., Annual General Meeting, May 11, 2026. 공지 • Feb 11
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or Around March 30, 2026 SFL Corporation Ltd. declared a quarterly cash dividend of $0.20 per share. The dividend will be paid on or around March 30, 2026. The record date and ex-dividend date on the New York Stock Exchange will be March 12, 2026. 공지 • Feb 04
SFL Corporation Ltd. to Report Q4, 2025 Results on Feb 11, 2026 SFL Corporation Ltd. announced that they will report Q4, 2025 results on Feb 11, 2026 공지 • Nov 22
SFL Corporation Ltd. has filed a Follow-on Equity Offering in the amount of $81.4 million. SFL Corporation Ltd. has filed a Follow-on Equity Offering in the amount of $81.4 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: $8.14
Transaction Features: Dividend Reinvestment Plan 공지 • Nov 11
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or around December 29, 2025 The Board of Directors of SFL Corporation Ltd. has declared a quarterly cash dividend of $0.20 per share. The dividend will be paid on or around December 29, 2025. The record date and ex-dividend date on the New York Stock Exchange will be on December 12, 2025. 공지 • Nov 04
SFL Corporation Ltd. to Report Q3, 2025 Results on Nov 11, 2025 SFL Corporation Ltd. announced that they will report Q3, 2025 results on Nov 11, 2025 공지 • Aug 20
SFL Corporation Ltd. (NYSE:SFL) announces an Equity Buyback for $100 million worth of its shares. SFL Corporation Ltd. (NYSE:SFL) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its shares. The program will continue till June 2026. 공지 • Aug 14
SFL Corporation Ltd. to Report Q2, 2025 Results on Aug 19, 2025 SFL Corporation Ltd. announced that they will report Q2, 2025 results on Aug 19, 2025 공지 • May 07
SFL Corporation Ltd. to Report Q1, 2025 Results on May 14, 2025 SFL Corporation Ltd. announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on May 14, 2025 공지 • Apr 03
SFL Corporation Ltd., Annual General Meeting, May 08, 2025 SFL Corporation Ltd., Annual General Meeting, May 08, 2025. 공지 • Feb 13
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or Around March 28, 2025 The Board of Directors of SFL Corporation Ltd. has declared a quarterly cash dividend of $0.27 per share. The dividend will be paid on or around March 28, 2025. The record date and ex-dividend date on the New York Stock Exchange will be March 12, 2025. 공지 • Feb 05
SFL Corporation Ltd. to Report Q4, 2024 Results on Feb 12, 2025 SFL Corporation Ltd. announced that they will report Q4, 2024 results on Feb 12, 2025 Declared Dividend • Nov 08
Third quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 13th December 2024 Payment date: 27th December 2024 Dividend yield will be 11%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 6.7% to bring the payout ratio under control. However, EPS is expected to decline by 11% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.34 (vs US$0.23 in 3Q 2023) Third quarter 2024 results: EPS: US$0.34 (up from US$0.23 in 3Q 2023). Revenue: US$255.3m (up 26% from 3Q 2023). Net income: US$44.5m (up 52% from 3Q 2023). Profit margin: 17% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. 공지 • Nov 07
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or Around December 27, 2024 The Board of Directors of SFL Corporation Ltd. has declared a quarterly cash dividend of $0.27 per share. The dividend will be paid on or around December 27, 2024. The record date and ex-dividend date on the New York Stock Exchange will be December 13, 2024. 공지 • Oct 31
SFL Corporation Ltd. to Report Q3, 2024 Results on Nov 06, 2024 SFL Corporation Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024 Upcoming Dividend • Sep 04
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 11 September 2024. Payment date: 27 September 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 9.4%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.6%). Declared Dividend • Aug 16
Second quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 11th September 2024 Payment date: 27th September 2024 Dividend yield will be 9.3%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (104% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 16% to bring the payout ratio under control. EPS is expected to grow by 3.9% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: US$0.16 (vs US$0.13 in 2Q 2023) Second quarter 2024 results: EPS: US$0.16 (up from US$0.13 in 2Q 2023). Revenue: US$188.6m (up 18% from 2Q 2023). Net income: US$20.6m (up 22% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 38% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. 공지 • Aug 15
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or Around September 27, 2024 The Board of Directors of SFL Corporation Ltd. has declared a quarterly cash dividend of $0.27 per share. The dividend will be paid on or around September 27. The record date and ex-dividend date on the New York Stock Exchange will be September 11, 2024. 공지 • Aug 08
SFL Corporation Ltd. to Report Q2, 2024 Results on Aug 14, 2024 SFL Corporation Ltd. announced that they will report Q2, 2024 results on Aug 14, 2024 공지 • Jul 25
SFL Corporation Ltd. has completed a Follow-on Equity Offering in the amount of $100 million. SFL Corporation Ltd. has completed a Follow-on Equity Offering in the amount of $100 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 8,000,000
Price\Range: $12.5 공지 • Jul 24
SFL Corporation Ltd. has filed a Follow-on Equity Offering. SFL Corporation Ltd. has filed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 8,000,000 Upcoming Dividend • May 17
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 24 May 2024. Payment date: 26 June 2024. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 7.3%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%). Reported Earnings • May 15
First quarter 2024 earnings released: EPS: US$0.36 (vs US$0.05 in 1Q 2023) First quarter 2024 results: EPS: US$0.36 (up from US$0.05 in 1Q 2023). Revenue: US$229.1m (up 32% from 1Q 2023). Net income: US$45.3m (up US$39.0m from 1Q 2023). Profit margin: 20% (up from 3.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. 공지 • May 15
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or Around June 26, 2024 The Board of Directors of SFL Corporation Ltd. declared a quarterly cash dividend of $0.27 per share. The dividend will be paid on or around June 26, to shareholders of record as of May 28, and the ex-dividend date on the New York Stock Exchange will be May 27, 2024. 공지 • May 09
SFL Corporation Ltd. to Report Q1, 2024 Results on May 14, 2024 SFL Corporation Ltd. announced that they will report Q1, 2024 results at 12:30 PM, US Eastern Standard Time on May 14, 2024 공지 • Mar 27
SFL Corporation Ltd., Annual General Meeting, Apr 29, 2024 SFL Corporation Ltd., Annual General Meeting, Apr 29, 2024. Reported Earnings • Mar 17
Full year 2023 earnings released: EPS: US$0.67 (vs US$1.60 in FY 2022) Full year 2023 results: EPS: US$0.67 (down from US$1.60 in FY 2022). Revenue: US$744.3m (up 12% from FY 2022). Net income: US$83.9m (down 59% from FY 2022). Profit margin: 11% (down from 31% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 28 March 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.7%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.4%). Declared Dividend • Feb 19
Fourth quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 14th March 2024 Payment date: 28th March 2024 Dividend yield will be 7.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (149% earnings payout ratio) nor is it covered by cash flows (166% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 65% to bring the payout ratio under control. EPS is expected to grow by 72% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$0.67 (vs US$1.60 in FY 2022) Full year 2023 results: EPS: US$0.67 (down from US$1.60 in FY 2022). Revenue: US$752.3m (up 13% from FY 2022). Net income: US$83.9m (down 59% from FY 2022). Profit margin: 11% (down from 31% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. 공지 • Feb 16
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or Around March 28, 2024 The Board of Directors of SFL Corporation Ltd. has declared an increased quarterly cash dividend of $0.26 per share. The dividend will be paid on or around March 28, to shareholders of record as of March 15, and the ex-dividend date on the New York Stock Exchange will be March 14, 2024. 공지 • Feb 09
SFL Corporation Ltd. to Report Q4, 2023 Results on Feb 14, 2024 SFL Corporation Ltd. announced that they will report Q4, 2023 results on Feb 14, 2024 Upcoming Dividend • Dec 07
Upcoming dividend of US$0.25 per share at 9.0% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 28 December 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 9.0%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (2.9%). New Risk • Nov 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 121% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (14% net profit margin). Shareholders have been diluted in the past year (8.4% increase in shares outstanding). Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: US$0.23 (vs US$0.39 in 3Q 2022) Third quarter 2023 results: EPS: US$0.23 (down from US$0.39 in 3Q 2022). Revenue: US$204.9m (up 24% from 3Q 2022). Net income: US$29.3m (down 41% from 3Q 2022). Profit margin: 14% (down from 30% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. 공지 • Nov 09
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or Around December 28, 2023 SFL Corporation Ltd. has declared a quarterly cash dividend of $0.25 per share. The dividend will be paid on or around December 28, to shareholders of record as of December 15, and the ex-dividend date on the New York Stock Exchange will be December 14, 2023. 공지 • Nov 04
SFL Corporation Ltd. to Report Q3, 2023 Results on Nov 08, 2023 SFL Corporation Ltd. announced that they will report Q3, 2023 results on Nov 08, 2023 Upcoming Dividend • Sep 06
Upcoming dividend of US$0.24 per share at 8.5% yield Eligible shareholders must have bought the stock before 13 September 2023. Payment date: 29 September 2023. Payout ratio is on the higher end at 99% but the company is not cash flow positive. Trailing yield: 8.5%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.3%). New Risk • Sep 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (17% net profit margin). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). Reported Earnings • Aug 20
Second quarter 2023 earnings released: EPS: US$0.13 (vs US$0.45 in 2Q 2022) Second quarter 2023 results: EPS: US$0.13 (down from US$0.45 in 2Q 2022). Revenue: US$164.6m (up 8.5% from 2Q 2022). Net income: US$16.9m (down 71% from 2Q 2022). Profit margin: 10% (down from 38% in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. 공지 • Aug 18
SFL Corporation Ltd. Declares Quarterly Cash Dividend Payable on or Around September 29, 2023 SFL Corporation Ltd. declared a quarterly cash dividend of $0.24 per share. The dividend will be paid on or around September 29, 2023, to shareholders of record as of September 14, 2023, and the ex-dividend date on the New York Stock Exchange will be September 13, 2023. 공지 • Aug 15
SFL Corporation Ltd. to Report Q2, 2023 Results on Aug 17, 2023 SFL Corporation Ltd. announced that they will report Q2, 2023 results on Aug 17, 2023 Upcoming Dividend • Jun 08
Upcoming dividend of US$0.24 per share at 10% yield Eligible shareholders must have bought the stock before 15 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 10%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.3%). 공지 • May 17
SFL Corporation Ltd. Announces Vessel Impairment Charge for Three Months Ended March 31, 2023 SFL Corporation Ltd. announced vessel impairment charge for three months ended March 31, 2023. For the quarter, the company announced vessel impairment charge of $7,389,000. Reported Earnings • May 16
First quarter 2023 earnings released: EPS: US$0.05 (vs US$0.37 in 1Q 2022) First quarter 2023 results: EPS: US$0.05 (down from US$0.37 in 1Q 2022). Revenue: US$173.3m (up 14% from 1Q 2022). Net income: US$6.33m (down 87% from 1Q 2022). Profit margin: 3.7% (down from 31% in 1Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 20
Full year 2022 earnings released: EPS: US$1.60 (vs US$1.35 in FY 2021) Full year 2022 results: EPS: US$1.60 (up from US$1.35 in FY 2021). Revenue: US$664.6m (up 31% from FY 2021). Net income: US$202.8m (up 23% from FY 2021). Profit margin: 31% (down from 32% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.24 per share at 9.3% yield Eligible shareholders must have bought the stock before 14 March 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 9.3%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.4%). 공지 • Feb 16
SFL Corporation Ltd. Declares Dividend for the Fourth Quarter Ended December 31, 2022, Payable on or Around March 30, 2023 The Board of Directors of SFL Corporation Ltd. has declared an increased quarterly cash dividend of $0.24 per share. The dividend will be paid on or around March 30, 2023, to shareholders of record as of March 15, 2023, and the ex-dividend date on the New York Stock Exchange will be March 14, 2023. Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: US$1.60 (vs US$1.35 in FY 2021) Full year 2022 results: EPS: US$1.60 (up from US$1.35 in FY 2021). Revenue: US$670.4m (up 32% from FY 2021). Net income: US$202.8m (up 23% from FY 2021). Profit margin: 30% (down from 32% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. 공지 • Feb 11
SFL Corporation Ltd. to Report Q4, 2022 Results on Feb 15, 2023 SFL Corporation Ltd. announced that they will report Q4, 2022 results on Feb 15, 2023 Upcoming Dividend • Dec 06
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 13 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 9.4%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.0%). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공지 • Nov 15
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or Around December 30, 2022 SFL Corporation Ltd. The Board of Directors has declared a quarterly cash dividend of $0.23 per share. The dividend will be paid on or around December 30, 2022, to shareholders of record as of December 14, 2022, and the ex-dividend date on the New York Stock Exchange will be December 13, 2022. 공지 • Nov 10
SFL Corporation Ltd. to Report Q3, 2022 Results on Nov 14, 2022 SFL Corporation Ltd. announced that they will report Q3, 2022 results on Nov 14, 2022 Upcoming Dividend • Sep 07
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 14 September 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 8.5%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: US$0.45 (vs US$0.17 in 2Q 2021) Second quarter 2022 results: EPS: US$0.45 (up from US$0.17 in 2Q 2021). Revenue: US$153.3m (up 33% from 2Q 2021). Net income: US$57.4m (up 194% from 2Q 2021). Profit margin: 37% (up from 17% in 2Q 2021). Over the next year, revenue is forecast to grow 3.5%, compared to a 40% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. 공지 • Aug 18
SFL Corporation Ltd. Declares Quarterly Dividend, Payable on or Around September 29, 2022 SFL Corporation Ltd. has declared a quarterly cash dividend of $0.23 per share. The dividend will be paid on or around September 29, 2022 to shareholders on record as of September 15, 2022 and the ex-dividend date on the New York Stock Exchange will be September 14, 2022. 공지 • Aug 11
SFL Corporation Ltd. to Report Q2, 2022 Results on Aug 17, 2022 SFL Corporation Ltd. announced that they will report Q2, 2022 results on Aug 17, 2022 공지 • Aug 09
SFL Corporation Ltd., Annual General Meeting, Sep 30, 2022 SFL Corporation Ltd., Annual General Meeting, Sep 30, 2022. 공지 • Jul 01
SFL Corporation Ltd. Appoints Will Homan-Russell as A Director SFL Corporation Ltd. announceD the appointment of Mr. Will Homan-Russell as a Director of the Company. Mr. Homan-Russell is an experienced professional investor in the maritime sector, currently serving as Chief Investment Officer of UK based WMC Capital Ltd., where he cofounded Albemarle Shipping Fund. From 2003 to 2018 he worked for Tufton Oceanic Limited, a fund management company specializing on investments in the maritime and energy sectors. Mr. Homan-Russell holds an MA in Mathematics from Oxford University and an MSc. in Finance from London Business School. Upcoming Dividend • Jun 07
Upcoming dividend of US$0.22 per share Eligible shareholders must have bought the stock before 14 June 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 7.7%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (4.9%). Reported Earnings • May 13
First quarter 2022 earnings released: EPS: US$0.37 (vs US$0.27 in 1Q 2021) First quarter 2022 results: EPS: US$0.37 (up from US$0.27 in 1Q 2021). Revenue: US$152.4m (up 40% from 1Q 2021). Net income: US$47.0m (up 49% from 1Q 2021). Profit margin: 31% (up from 29% in 1Q 2021). Over the next year, revenue is forecast to grow 5.2%, compared to a 59% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. 공지 • May 13
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or Around June 29, 2022 The Board of Directors of SFL Corporation Ltd. has declared a quarterly cash dividend of $0.22 per share. The dividend will be paid on or around June 29, to shareholders on record as of June 15, and the ex-dividend date on the New York Stock Exchange will be June 14, 2022. 공지 • May 09
SFL Corporation Ltd. to Report Q1, 2022 Results on May 12, 2022 SFL Corporation Ltd. announced that they will report Q1, 2022 results on May 12, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 08
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 15 March 2022. Payment date: 29 March 2022. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 7.7%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (4.5%). Reported Earnings • Feb 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.35 (up from US$2.06 loss in FY 2020). Revenue: US$513.4m (up 10% from FY 2020). Net income: US$164.3m (up US$388.8m from FY 2020). Profit margin: 32% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 67% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. 공지 • Feb 17
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or Around March 29, 2022 The Board of Directors of SFL Corporation Ltd. has declared a quarterly cash dividend of $0.20 per share. The dividend will be paid on or around March 29, to shareholders on record as of March 16, and the ex-dividend date on the New York Stock Exchange will be March 15, 2022. 공지 • Feb 12
SFL Corporation Ltd. to Report Q4, 2021 Results on Feb 16, 2022 SFL Corporation Ltd. announced that they will report Q4, 2021 results on Feb 16, 2022 Upcoming Dividend • Dec 08
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 14 December 2021. Payment date: 29 December 2021. The company is not currently making a profit and is not cash flow positive. Trailing yield: 8.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (4.3%). Reported Earnings • Nov 11
Third quarter 2021 earnings released: EPS US$0.26 (vs US$0.15 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$135.4m (up 19% from 3Q 2020). Net income: US$33.2m (up 108% from 3Q 2020). Profit margin: 25% (up from 14% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 07
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 14 September 2021. Payment date: 29 September 2021. Trailing yield: 7.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (4.2%). Reported Earnings • Aug 21
Second quarter 2021 earnings released: EPS US$0.17 (vs US$0.11 in 2Q 2020) The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: US$116.8m (flat on 2Q 2020). Net income: US$19.5m (up 64% from 2Q 2020). Profit margin: 17% (up from 10% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jun 04
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 11 June 2021. Payment date: 29 June 2021. Trailing yield: 6.9%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.8%). Reported Earnings • May 14
First quarter 2021 earnings released: EPS US$0.27 (vs US$0.81 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: US$109.1m (down 11% from 1Q 2020). Net income: US$31.5m (up US$118.5m from 1Q 2020). Profit margin: 29% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. 공지 • May 13
SFL Corporation Ltd. Declares Quarterly Cash Dividend, Payable on or Around June 29 SFL Corporation Ltd. has declared a quarterly cash dividend of $0.15 per share. The dividend will be paid on or around June 29, to shareholders on record as of June 14, and the ex-dividend date on the New York Stock Exchange will be June 11, 2021. Reported Earnings • Mar 25
Full year 2020 earnings released: US$2.06 loss per share (vs US$0.83 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$466.4m (up 2.3% from FY 2019). Net loss: US$224.4m (down 352% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 05
Upcoming Dividend of US$0.15 Per Share Will be paid on the 30th of March to those who are registered shareholders by the 12th of March. The trailing yield of 7.6% is in the top quartile of German dividend payers (3.5%), and it is higher than industry peers (4.6%). Reported Earnings • Feb 20
Full year 2020 earnings released: US$2.06 loss per share (vs US$0.83 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$471.0m (up 3.3% from FY 2019). Net loss: US$224.4m (down 352% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 90% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 20
Revenue beats expectations Revenue exceeded analyst estimates by 0.2%. Over the next year, revenue is expected to shrink by 6.4% compared to a 27% growth forecast for the Oil and Gas industry in Germany. Is New 90 Day High Low • Feb 16
New 90-day high: €6.60 The company is up 12% from its price of €5.90 on 18 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.09 per share. 공지 • Feb 12
SFL Corporation Ltd. to Report Q4, 2020 Results on Feb 17, 2021 SFL Corporation Ltd. announced that they will report Q4, 2020 results on Feb 17, 2021 Is New 90 Day High Low • Dec 16
New 90-day low: €5.10 The company is down 32% from its price of €7.50 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.87 per share. 공지 • Nov 21
SFL Corporation Ltd. Enters into Forbearance Agreements with Seadrill Limited in Respect of the Leasing Arrangements on Its Three Drilling Rigs and the Corresponding Financing Agreements SFL Corporation Ltd. ('SFL' or the 'Company') announced that it has entered into forbearance agreements with Seadrill Limited ('Seadrill') in respect of the leasing arrangements on its three drilling rigs and the corresponding financing agreements. Unless extended or terminated, these forbearance agreements will last until December 14, 2020. As previously publicly announced, Seadrill’s failure to pay hire under the leases for three drilling rigs when due in October and November constituted an event of default under such leases and the related financing agreements. Unless cured or waived, an event of default under the lease agreements or the related financing agreements could result in enforcement by the company or the applicable secured lenders (as applicable). In order to reduce the risk of such a scenario, SFL has entered into forbearance agreements with these lenders on the same terms as Seadrill’s forbearance agreements with these lenders. During the forbearance period, Seadrill will be allowed to use certain funds received from the charterers of certain rigs to pay operating expenses for such rigs, from October until the end of the forbearance period. In exchange, SFL will receive approximately 67 - 70% of the existing contracted lease hire related to the West Hercules and the West Linus, respectively, for the same period. This is essentially equivalent to the interest and amortization due on the secured bank loan facilities relating to these rigs. Any excess hire paid under the above referenced leases will remain in Seadrill’s earnings accounts pledged to SFL. While no assurances can be provided with regards to the outcome of the Seadrill restructuring, SFL continues to have constructive dialogue with Seadrill and the relevant financing banks to find a long-term solution. Please see the Company’s public filings with the U.S. Securities and Exchange Commission, including without limitation, the report on Form 6-k filed with the SEC on November 16, 2020 for a discussion of certain risks relating to the Company, including risks related to Seadrill and its potential restructuring. 공지 • Nov 07
SFL Corporation Ltd. to Report Q3, 2020 Results on Nov 12, 2020 SFL Corporation Ltd. announced that they will report Q3, 2020 results at 12:39 PM, GMT Standard Time on Nov 12, 2020 Is New 90 Day High Low • Sep 24
New 90-day low: €6.75 The company is down 18% from its price of €8.25 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 60% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.21 per share.