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Stock impact report

SFL Corporation: Juggling Debt, Struggling Dividend [Seeking Alpha]

SFL Corporation Ltd (SFL) 
Last sfl corporation ltd earnings: 2/18 06:34 am Check Earnings Report
US:NYSE Investor Relations: shipfinance.no/page/6834/ir_home
Company Research Source: Seeking Alpha
SFL's balance sheet remains strained, with $813M in short-term debt and limited asset sales, while cash flow is tight due to underutilized assets like Hercules. Dividend cuts and asset impairments have reduced tangible book value, making the current yield a risk premium rather than a value opportunity. I maintain a Hold rating, recommending a Buy only if SFL trades below $5 per share to ensure a margin of safety. CraigRJD/iStock via Getty Images SFL Corporation ( SFL ) is a maritime shipper that offers a dividend over 9%. The yield is likely priced as such because of weaknesses in the balance sheet. The threat of further cuts looms, and investors should seek This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (oth Show less Read more
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