SFL Corporation Reports Profitable Growth and Expansion

SFL Corporation (SFL) has released an update.

SFL Corporation Ltd. has declared an 82nd consecutive quarterly cash dividend of $0.27 per share following a profitable Q2 with a net income of $20.6 million, or $0.16 per share. The company reported substantial growth with new five-year charters to Maersk and a $1.2 billion backlog addition from an order for five LNG dual-fuel container vessels. This strategic expansion is part of SFL’s commitment to invest in more environmentally friendly assets while ensuring long-term revenue through extended charters.

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