This week I’m seeking a high-yield and growing stock from the industrials sector.
That sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between.
Today I’m reviewing a small-cap shipping & ports firm named Ship Finance International Limited. Its trading ticker symbol is SFL.
Ship Finance International Ltd is an international ship owning and chartering company. The company is engaged in transporting crude oil and oil products, dry bulk and containerized cargos, and offshore drilling and related activities.
As of March 26, 2018, it had a fleet of 10 crude oil tankers, 22 dry bulk carriers, 22 container vessels, 2 car carriers, 2 jack-up drilling rigs, 2 ultra-deepwater drilling units, 5 offshore supply vessels, 2 chemical tankers, and 2 oil product tankers.
The company was founded in 2003 and is based in Hamilton, Bermuda.
I use three key data points to gauge the value of any dividend equity or fund likeShip Finance International Limited (SFL):
(1) Price
(2) Dividends
(3) Returns
Besides those three, four more keyswill finally unlock an equity or fund in which to invest.
But those first three primary keys, best tell whether a company has made, is making, and will make money.
SFL Price
SFL’sprice per share was $14.72 at yesterday’s market close. A year ago its price was $13.65 for a gain of $1.07 per share.
Assuming SFL’s price will trade in the range of $13 to $16 next year, perhaps that $1.07 gain could be realized in the coming year and move SFL’s current $14.72 price to $15.79 by late-August, 2019.
SFL Dividends
SFL’s most recent quarterly dividend was $0.35declared August 22nd and payable September 27th. That dividend was decreased from $0.45 in a year ago,
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