SFL (SFL) Dividend Payout Ratio

: 0.87 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

SFL's dividend payout ratio for the months ended in Dec. 2023 was 0.87.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SFL Corp Ltd is 1.54, which seems too high.

The historical rank and industry rank for SFL's Dividend Payout Ratio or its related term are showing as below:

SFL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.36 Max: 1.7
Current: 1.54

During the past 13 years, the highest Dividend Payout Ratio of SFL was 1.70. The lowest was 0.63. And the median was 1.36.

SFL's Dividend Payout Ratio is ranked worse than
94.67% of 525 companies
in the Transportation industry
Industry Median: 0.4 vs SFL: 1.54

As of today (2024-04-19), the Dividend Yield % of SFL is 7.84%.

During the past 13 years, the highest Trailing Annual Dividend Yield of SFL was 19.42%. The lowest was 5.96%. And the median was 10.12%.

SFL's Dividends per Share for the months ended in Dec. 2023 was $0.25.

During the past 12 months, SFL's average Dividends Per Share Growth Rate was 10.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SFL was 27.80% per year. The lowest was -23.40% per year. And the median was -4.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

SFL Dividend Payout Ratio Historical Data

The historical data trend for SFL's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SFL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.70

1.39

0.63

0.75

1.60

SFL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.68	6.15	2.29	1.23	0.87

Competitive Comparison

For the Marine Shipping subindustry, SFL's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SFL Dividend Payout Ratio Distribution

For the Transportation industry and Industrials sector, SFL's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where SFL's Dividend Payout Ratio falls into.

SFL Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

SFL's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.97	/	0.607
	=	1.60

SFL's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.25	/	0.289
	=	0.87

SFL (NYSE:SFL) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

SFL Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of SFL's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

SFL (SFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SFL Corp Ltd (NYSE:SFL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

UG6:Germany UG6:Germany

Address

14 Par-la-Ville Road, Par-la-Ville Place, P.O. Box HM 1593, Hamilton, BMU, HM 08

Website

https://www.sflcorp.com

SFL Corp Ltd is an international ship owning and chartering company. The company is engaged primarily in the ownership and operation of vessels and offshore related assets and is also involved in the charter, purchase, and sale of assets. Its oil tankers, chemical tankers, and oil product tankers are all double-hull vessels.