Ship Finance International Stock To Go Ex-dividend Tomorrow (SFL)
The ex-dividend date for Ship Finance International (NYSE:SFL) is tomorrow, September 7, 2011. Owners of shares as of market close today will be eligible for a dividend of 39 cents per share. At a price of $14.64 as of 9:31 a.m., the dividend yield is 10.3%.
NEW YORK ( TheStreet) -- The ex-dividend date for Ship Finance International (NYSE: SFL) is tomorrow, September 7, 2011. Owners of shares as of market close today will be eligible for a dividend of 39 cents per share. At a price of $14.64 as of 9:31 a.m. ET, the dividend yield is 10.3%. The average volume for Ship Finance International has been 470,400 shares per day over the past 30 days. Ship Finance International has a market cap of $1.2 billion and is part of the services sector and transportation industry. Shares are down 29.5% year to date as of the close of trading on Friday. Ship Finance International Limited, through its subsidiaries, engages in the ownership and operation of vessels and offshore related assets in Bermuda, Cyprus, Malta, Liberia, Norway, the United States, Singapore, the United Kingdom, and the Marshall Islands. The company has a P/E ratio of 7.3, below the average transportation industry P/E ratio of 8.5 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Ship Finance International as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally poor debt management. You can view the full Ship Finance International Ratings Report. See our dividend calendar or top-yielding stocks list.