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Ship Finance International Limited Message Board

  • getthefactsstraight getthefactsstraight Jul 30, 2010 5:01 PM Flag

    In The Face Of Adversity..................

    SFL stands out as the only strong beacon of light in the tanker field recently. Please note how bad the tanker stocks have fallen the last 2 days (FRO, OSG, GMR, etc.) while SFL went down .01 yesterday and a paltry .10 today!

    You might say what's holding the stock up? As I've stated before many times, dividends are the key to its steady position. With last quarters 10% div. increase, many are buying in looking for additional good news, and it wouldn't surprise me a bit if they increased it again.

    Regardless, where are you going to go for a 7% return on your money when banks are only paying .75%?

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    • If you are looking for more than 7% div try CIM, NRF and FTR.

      • 1 Reply to doebrook
      • D-brook...NRF yield 11.8%, has a very large German loan that is in default (warning flag). That said, I still like AGNC yield 20.6%, RSO yield 16.6%, and I also like CIM yield 17.8%....! I took a nice profit on HTS yield 15%, and it is now on my watch list...! I am now holding seven high dividend paying stocks (most of the time I hold ten) as we head toward "Bloody October" which can start in August...! At this time (year to date) I am now up over 21% with dividend add backs and running in the safe mode...! I have several stop loss orders in place...I do not have a stop loss order on SFL (yield 6.9%) and I am still a buyer of SFL on any strong pull-backs...!

16.02+0.21(+1.33%)May 22 4:02 PMEDT