SFL Corporation Ltd. announced its preliminary financial results for the fourth quarter ended December 31, 2024. The company reported a quarterly cash dividend of $0.27 per share, maintaining the payout from the previous quarter.
The dividend is scheduled for payment around March 28, 2025, with the record date and ex-dividend date on the New York Stock Exchange set for March 12, 2025. This marks the 84th consecutive cash dividend paid by the company since its inception in 2004.
Ole B. Hjertaker, CEO of SFL Management AS, stated that the company executed on its growth strategy, adding several new vessels and over $2 billion to its fixed rate charter backlog in 2024. He emphasized SFL's transformation into a maritime infrastructure company with a majority of its charter backlog to investment-grade end users, supported by continuous fleet upgrades for fuel efficiency.
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