SFL: Expanding Its Fleet And Rewarding Shareholders
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Ship Finance International: Still Expanding Its Fleet And Rewarding Shareholders
July 11, 2012 by: Zacks Investment Research
It's been a rough couple of years for most of the global vessel companies.
But Ship Finance International Limited (SFL) is still expanding its fleet and rewarding shareholders with a huge Yield. This Zacks #1 Rank (Strong Buy) is also a Value stock, with a forward P/E of 9.8.
Ship Finance International owns 62 vessels and rigs and is under contract on seven additional newbuildings. It has long-term fixed charters, with an average length of about 11 years.
Ship Finance Beat In Q1...................
Dividend Raised...................
The Zacks Consensus Estimate for 2012 Rises..........
Valuation Is Attractive......
............... more here:
http://seekingalpha.com/article/713871-ship-finance-international-still-expanding-its-fleet-and-rewarding-shareholders?source=yahoo
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