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%?
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...!