SocialPicks Monitor new  |    Stock Idea Community
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
Investment Ideas Served Daily By People You Trust
SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.
Top_member_photos
Get free stock picks and email alerts daily
 
Are you a stock guru?

1 pt

Ship Finance: A Fine Q1 with Good News for the Future

 May 25, 2008 08:24 AM UTC
Return Risk
-31.31% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
SFL Positive 05/25/08 -6.49% 08/24/08

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Ship Finance International Ltd (SFL) came out with their formal 1st quarter earnings and conference call on Thursday. This follows the announcement
of a new mega-lease deal and dividend increase announcement a few days
earlier. As expected, Ship Finance had a fine quarter with good news for
the future.<!---->


First up, the dividend: A little different from what
I read into the earlier press release, the 1st quarter dividend will be
56¢, up a penny from Q4, and the dividend will be increased to 58¢ in
the 3rd quarter. This gives a total increase of 12¢ per year going
forward, a 5.5% increase on the current dividend. On the conference
call, management indicated they are working toward future increases.




Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 17.79 +39.36% 77
2 15.74 +15.90% 10
3 14.31 +16.71% 41
4 14.15 +22.86% 16
5 13.66 +30.39% 183


POPULAR STOCKS
Symbol Company Name Sentiment

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
Ship Finance International Ltd. (SFL)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
87.5%
Top:
50.0%




TODAY'S HEADLINES





IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch