Why SFL Corporation (SFL) Stands Out Among Shipping Stocks With Dividends

SFL Corporation Ltd. (NYSE:SFL) is included among the 10 Best Shipping Stocks with Dividends.

SFL Corporation Ltd. (NYSE:SFL) is a leading maritime infrastructure company with a diversified fleet that includes 38 container vessels, 7 car carriers, 18 tankers, 2 energy-related vessels, and 15 dry bulk ships. The company has long-term charter contracts in place, with average durations ranging from under one year for dry bulk to around 7.9 years for car carriers.

As of the reporting period, SFL Corporation Ltd. (NYSE:SFL) had secured approximately $4.2 billion in contracted revenue. The majority of this revenue— 68%— is with investment-grade counterparties, reflecting strong credit quality across its customer base. Containers make up the largest portion of its revenue mix, followed by tankers, car carriers, and energy vessels.

SFL Corporation Ltd. (NYSE:SFL) is also a strong dividend company, having paid regular dividends to shareholders for 85 consecutive quarters. The company offers a quarterly dividend of $0.27 per share and has a dividend yield of 11.56%, as of July 30.

While we acknowledge the potential of SFL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.