SFL Corporation’s Strong Q3 Results and Fleet Expansion

SFL Corporation (SFL) has released an update.

SFL Corporation reported a net profit of $44.5 million for Q3 2024, declaring its 83rd consecutive dividend of $0.27 per share. With over $1 billion in new financing and significant fleet expansions, including deliveries of modern eco-friendly vessels, the company projects strong future cash flow with a charter backlog of $4.7 billion. This growth emphasizes SFL’s transformation into a prominent maritime infrastructure provider.

For further insights into SFL stock, check out TipRanks’ Stock Analysis page.