SFL Corporation Ltd. (NYSE:SFL) is included among the 15 Stocks with Highest Dividend to Invest in.
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BTIG raised its price target on SFL Corporation Ltd. to $11 from $10 on November 11 and reiterated a Buy rating, according to a report by The Fly. The firm pointed out that SFL shares moved higher after the company posted Q3 results, with adjusted EBITDA coming in at $113 million, about 19% above the $95 million consensus estimate. SFL kept its $0.20 quarterly dividend, which amounts to a 41% payout of operating cash flow and implies an annualized yield of roughly 10%.
Although the company did not repurchase any shares during the quarter, BTIG noted that SFL still has $80 million left under its buyback authorization, which runs through Q2 2026. The firm added that the company continues to invest in its fleet, though re-deliveries and a soft drilling market are pressuring near-term operating cash flow.
In Q3 2025, SFL Corporation Ltd. reported revenue of $178.2 million, with about 86% coming from shipping charter hire and 14% from energy. Revenue declined more than 30% from the prior year but still beat expectations by $4.6 million. The company reported net income of $8.6 million, or $0.07 per share. As of September 30, 2025, SFL held $278 million in cash and cash equivalents and had another $44 million available under undrawn credit facilities.
SFL Corporation Ltd. remains a reliable dividend payer, having distributed regular dividends for 87 straight quarters and has a yield of 9.75%, as of November 16.
SFL Corporation Ltd. owns and charters maritime and offshore assets, operating a fleet that supports medium and long-term contracts across the shipping and energy sectors.
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