SFL Corporation Ltd.
SFLIndustrials · Stock · quarterly payer
Forward Yield
6.84%
Annual Dividend
$0.88
Payout Ratio
363%
5-Yr Growth
1.6%
Ex-Date
Sep 9, 2026
Frequency
Quarterly
Summary
As of September 2026, SFL Corporation Ltd. (SFL) yields 6.84% ($0.88 per share annually), with a blended fair-value estimate of $27.23 — +112% upside, so it screens as undervalued. Dividend safety grade: C (52/100). 4 years of dividend growth.
Is SFL a good dividend stock?
MixedSFL Corporation Ltd. (SFL) pays a quarterly dividend yielding 6.84% ($0.88/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- 53% total price return over 5 years
Risks
- Cut its dividend in 2021
- Elevated payout ratio (363%)
Key Data
- Dividend Yield
- 6.84%
- Payout Ratio
- 363%
- Annual Dividend
- $0.88
- 5-Yr Avg Growth
- 1.6%
- Ex-Dividend Date
- Sep 9, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.44
- Market Cap
- $1.8B
- P/E Ratio
- 53.6
- 5-Yr Total Return
- 53%
- 52-Week Range
- $6.73 – $12.94
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
SFL Price — Last 12 Months
Daily close
Price Return
1 Year
+71%
3 Years
+15%
5 Years
+53%
52-Week Range
$6.73 – $12.94
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SFL worth?
Undervaluedlow confidenceOur blended fair-value estimate for SFL Corporation Ltd. is $27.23 per share, versus a market price of $12.86. That implies 112% of upside — a margin of safety of about 53%.
Fair Value
$27.23
Current Price
$12.86
Upside
+112%
Margin of Safety
53%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 6.1% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.24 EPS, $0.88 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SFL Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 27, 2026 | — | $0.2200 | regular |
| Mar 12, 2026 | — | $0.2000 | regular |
| Jun 12, 2025 | — | $0.2700 | regular |
| Mar 12, 2025 | — | $0.2700 | regular |
| Dec 13, 2024 | — | $0.2700 | regular |
| Sep 11, 2024 | — | $0.2700 | regular |
| May 24, 2024 | — | $0.2700 | regular |
| Mar 14, 2024 | — | $0.2600 | regular |
| Dec 14, 2023 | — | $0.2500 | regular |
| Sep 13, 2023 | — | $0.2400 | regular |
| Jun 15, 2023 | — | $0.2400 | regular |
| Mar 14, 2023 | — | $0.2400 | regular |
| Dec 13, 2022 | — | $0.2300 | regular |
| Sep 14, 2022 | — | $0.2300 | regular |
Income Calculator
At $0.88 / yr per share
