SFL Declares 88th $0.20 Dividend, Posts $176M Revenue and $4.7M Loss
SFL reported preliminary Q4 2025 operating revenues of $176m with adjusted EBITDA of $109m, but incurred a $4.7m net loss. The company declared its 88th consecutive $0.20 quarterly dividend, generated $52m from two 2015 Suezmax tanker sales, and invested $23m in two 2020-built Suezmax tankers.
1. Financial Highlights
For Q4 2025, SFL recorded total operating revenues of $176 million, with 87% derived from shipping and 13% from energy. Adjusted EBITDA reached $109 million, including $8 million contribution from associated companies, while the company reported a net loss of $4.7 million or $0.04 per share.
2. Dividend Declaration
The Board declared the 88th consecutive quarterly cash dividend of $0.20 per share, with a record date of March 12, 2026 and a payment date on or around March 30, 2026, maintaining SFL’s uninterrupted dividend streak since its 2004 NYSE listing.
3. Asset Transactions
SFL realized $52 million in net proceeds from the sale of two 2015-built Suezmax tankers delivered in December and February, and committed $23 million in investments for two 2020-built Suezmax vessels, reinforcing its exposure to a strong tanker market.
4. Webcast and Presentation
A webcast and slideshow presentation will be held today at 10:00 AM EST / 4:00 PM CET through the company’s investor relations portal, with a live Q&A session available via Zoom for analysts and investors.