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