SFL Corporation Ltd. announced its preliminary financial results for the quarter ending September 30, 2026. The company declared its 91st quarterly dividend of $0.22 per share during this period, reflecting stability in cash payments to shareholders.
Financial Performance and Revenues
SFL Corporation's operating revenues reached $202 million during this period. The company's adjusted EBITDA was $122 million, which includes $8 million from affiliates. The reported net profit was $37 million or $0.26 per share. These results demonstrate strong performance and effective financial management in a challenging market.
Development Plans and Investments
SFL Corporation also announced a seven-year contract extension for six 15,400 TEU container ships. This move allows the company to achieve greater efficiency and maintain more stable revenues. Furthermore, the company has announced a new order for the construction of three large ammonia carriers with long-term contracts.
As part of its fleet development, SFL Corporation has also acquired two new 8,800 TEU container ships, which have been secured with long-term lease contracts. These acquisitions reflect the company's strategy to expand and strengthen its market share in maritime transport.
In addition, SFL Corporation has sold four LR2 tankers and three Suezmax tankers, which are expected to generate approximately $175 million in book profit for the company. These sales are part of SFL's overall strategy to optimize its fleet and improve financial performance.
Important Dates
The board of directors of SFL Corporation has declared a quarterly cash dividend of $0.22 per share. This dividend will be paid around December 28, and the record date and ex-dividend date on the New York Stock Exchange will be December 15, 2026.
