Tag Archives: SFL
Shipping Stocks dividends 2009, Part III
Today I continue the countdown of shipping stocks that have paid dividends so far in 2009. As previously reported, there are 25 stocks on my list and I have been counting them down in groups of 5 from the lowest payout to the highest.
Here are the payors 11 through 15 on my list. The stocks [...]
One best shipping stock?
I an email response to one of the posts here I received the following note and questions:
I’ve been following your blog for some time and want to tell you that I find it very interesting-as a matter of fact, I look forward to it.
I have two questions for you. First,if you would invest in one [...]
Ship Finance: 30 cent dividend, cash or stock
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Ship Finance International SFL has declared a second consecutive 30¢ dividend where shareholders can elect to receive cash or additional shares of stock. I am not a big fan of the dilution from issuing stock, but at current share prices and assuming the same level of participation this quarter the amount is about [...]
More on slashed dividends
Concerning my note yesterday on the companies that have suspended dividends I received the following email:
I’m sure you know, but just in case: FRO has slashed their dividend, along with SFL.
We’d like to know which shipping companies are best equipped to weather the storm, and which ones might move rapidly upwards one a hole forms [...]
JPMorgan Aviation & Transportation Conference highlights
Several shipping stocks are presenting at the JPMorgan Aviation & Transportation Conference today and I am listening to the presentations as they come up (delayed). I will put up a few notes on the companies I listen to:
Horizon Lines HRZ is the largest of the Jones Act shippers moving containerized cargo from the States to [...]
Ship Finance cuts dividend, cash flow still strong?
My first thought when I read that Ship Finance International SFL had cut their dividend in half was extreme anger at management. The thinking in this case seems to be: The stock market does not seem to be valuing our stock as they should in light of our excellent dividend, so we will cut the [...]
Tough times ahead for Frontline, Ltd.
FRO preliminary 4th quarter and year end results.
It appears that the 1st quarter of 2009 will be even tougher on tanker giant Frontline, Ltd. FRO than the difficult 4th quarter of 2008. Frontline has released their 4th quarter and year end results and the numbers were pretty ugly for Q4. The net income and dividend [...]
Frontline sells VLCC