Ship Finance (SFL) Posts In-Line Q4 Revenue

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SFL - Preliminary Q4 2019 results and quarterly cash dividend of $0.35 per share

February 18, 2020 6:35 AM EST

Preliminary Q4 2019 results and quarterly cash dividend of $0.35 per share

Hamilton, Bermuda, February 18, 2020. SFL Corporation Ltd. (SFL or the Company) today announced its preliminary financial results for the quarter ended December 31, 2019.


Highlights

64th consecutive quarterly dividend declared, $0.35 per shareOperating revenue of $120 million, and net income of $24 million in the fourth quarterReceived charter hire1 of approximately $159 million in the quarter from the Companys vessels and rigs, including $3.9 million of profit shareAdjusted EBITDA2 of $97 million from consolidated subsidiaries in addition to $27 million from... More