Source: World Maritime News
Investment Thesis
Ship Finance International (SFL) is a robust and versatile shipping company that has held a special place in my long-term portfolio for many years now. The company has performed steadily well by adapting its business model to the necessity of a shifting market environment, which resulted in a high-yield distribution that has been paid invariably for years. The dividend yield is now about 10%. The second-quarter dividend was $0.35 per share which was the Company's 58th consecutive quarterly dividend.
Thus, I have been recommending this company as