Ship Finance International Ltd (NYSE:SFL) dividends will reach $0.35 on Jun 29, 2018, and this is why.

June 13, 2018 - By Kurt Siggers

Ship Finance International Ltd (NYSE:SFL) is expected to pay $0.35 on Jun 29, 2018. Shareholders owning the stock before Jun 14, 2018 will be eligible to receive the payout. Based on Ship Finance International Ltd’s current price of $15.12, the dividend is 2.31 %. This dividend’s record date is Jun 15, 2018 and the announcement date is May 31, 2018. The stock decreased 0.82% or $0.12 during the last trading session, reaching $15.12. About 463,422 shares traded. Ship Finance International Limited (NYSE:SFL) has risen 6.39% since June 13, 2017 and is uptrending. It has underperformed by 6.18% the S&P500.

Ship Finance International Limited owns and operates vessels and offshore related assets primarily in Bermuda, Cyprus, Malta, Liberia, Norway, the United Kingdom, and the Marshall Islands. The company has market cap of $1.57 billion. It is also involved in the charter, purchase, and sale of assets. It has a 14.73 P/E ratio. In addition, the firm operates in various sectors of the shipping and offshore industry, including oil transportation, dry bulk shipments, chemical transportation, oil product transportation, container transportation, car transportation, drilling rigs, and offshore supply vessels.

Ship Finance International Limited (NYSE:SFL) Ratings Coverage

Among 3 analysts covering Ship Finance Intl (NYSE:SFL), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Ship Finance Intl had 3 analyst reports since December 18, 2017 according to SRatingsIntel. Morgan Stanley maintained the stock with “Equal-Weight” rating in Monday, February 12 report. The rating was reinitiated by Jefferies with “Hold” on Monday, December 18. Seaport Global upgraded it to “Buy” rating and $1800 target in Friday, June 1 report.

More recent Ship Finance International Limited (NYSE:SFL) news were published by: Globenewswire.com which released: “SFL – First Quarter 2018 Results” on May 31, 2018. Also Seekingalpha.com published the news titled: “Ship Finance International Limited (SFL) CEO Ole Hjertaker on Q1 2018 Results – Earnings Call Transcript” on May 31, 2018. Seekingalpha.com‘s news article titled: “Offshore Shipping Market Update” with publication date: June 12, 2018 was also an interesting one.

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