A Dividend Stock That Will Float Your Boat

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Ship Finance International Limited (NYSE: SFL ) - This company owns and operates vessels and offshore-related assets including oil tankers, bulk carriers and a variety of other ships.

The stock has risen from $13 to over $20 since July 2009. Following a break and run from $15 in February to $21 in March, SFL had been consolidating within a right triangle .

But last week, upside volume increased, and the stock broke through the bearish resistance line of the eight-month triangle with a trading objective of $23.

SFL pays an annual dividend of $1.53, a yield of almost 8%.

Trade of the Day - SFL Stock Chart

Trade of the Day Chart Key

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Stocks

Referenced Stocks: SFL

Sam Collins

Sam Collins

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Referenced

100%

Most Active by Volume

89,970,926
  • $16.15 ▲ 0.12%
77,131,582
  • $58.94 ▼ 1.31%
67,336,935
  • $26.56 ▲ 1.68%
48,814,124
  • $86.20 ▲ 0.02%
47,526,126
  • $23.21 ▲ 0.78%
44,660,424
  • $23.91 ▲ 6.36%
38,799,699
  • $4.289 ▲ 4.36%
36,199,890
  • $40.01 ▼ 0.97%
As of 4/17/2014, 04:07 PM