Reminder - SFL Goes Ex-Dividend Soon
Looking at the universe of stocks we cover at Dividend Channel, on 3/15/22, SFL Corporation Ltd (Symbol: SFL) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 3/29/22. As a percentage of SFL's recent stock price of $10.29, this dividend works out to approximately 1.94%, so look for shares of SFL Corporation Ltd to trade 1.94% lower — all else being equal — when SFL shares open for trading on 3/15/22.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SFL is likely to continue, and whether the current estimated yield of 7.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SFL shares, versus its 200 day moving average:
Looking at the chart above, SFL's low point in its 52 week range is $6.67 per share, with $10.665 as the 52 week high point — that compares with a last trade of $10.32.
In Friday trading, SFL Corporation Ltd shares are currently trading flat on the day.
