Source: SFL Corporation, Investor Relation
Investment thesis
SFL Corporation (SFL) has built a great business platform with a well-diversified fleet of 88 vessels and rigs backed up with a charter backlog of $3.6 billion with an average remaining charter term of approximately 4.5 years, or 7.6 years if weighted by charter revenue.
Due to the volatile nature of the shipping industry, you will rarely see any of these companies paying regular dividends over a long period of time. SFL has distributed dividends uninterrupted over the last 64 quarters. Presently they pay $0.35 per