SFL SFL Corporation
SFL Corporation publishes no modelled dividend here. This page shows what the filings support: the quarter's cash walk from sourced inputs, and the figures the company has reported.
Issuer active fleet — dated snapshot, not current: 53 vessels and rigs in issuer active fleet as of 2025-12-31. 2025Q4 · historical snapshot Source: “FY2025 20-F, published 2026-03-16, Exact issuer scope: "The following table summarizes the development of our active fleet of vessels and rigs, including four chartered-in container vessels that are included in our associated companies and six container vessels and seven car carriers financed through sale and leaseback transactions." December 31, 2025 column: Oil Tankers 6; Chemical tankers 2; Dry bulk carriers 2; Container vessels 25; Car carriers 7; Jack-up drilling rig 1; Ultra-deepwater drilling rig 1; Product tankers 9; Total Active Fleet 53. Table cells are transcribed, not inferred from vessel deliveries” source
Issuer active fleet, including leased-in and associated-company vessels; not a wholly owned fleet count.
- Oil Tankers (subtype unverified): 6
- Chemical tankers: 2
- Kamsarmax dry bulk carriers: 2
- Container vessels (includes associates and leasebacks): 25
- Car carriers (complete PCTC mapping unverified): 7
- Jack-up drilling rig: 1
- Ultra-deepwater semi-submersible rig: 1
- Product tankers (complete subtype split unverified): 9
Historical active-fleet scope, not wholly owned or current. Includes four associated-company containers counted at 100%, six sale-leaseback containers and seven sale-leaseback car carriers. The 20-F separately states: As of December 31, 2025, we owned 47 vessels and two rigs. That accounting ownership scope is not substituted for this 53-asset active-fleet table. No extrapolated quarters, vessel-days, complete tanker subtype split or all-fleet USD/day benchmark is verified. Snapshot excluded from model/store fleet inputs.
Reported history as filed
| Quarter | Revenue (m) | Net income (m) | Declared dividend |
|---|---|---|---|
| 2026Q2 | 200.765 | 33.793 | 0.22 USD |
| 2026Q1 | 174.483 | 26.077 | 0.22 USD |
| 2025Q4 | 175.507 | -4.653 | 0.20 USD |
| 2025Q3 | 178.207 | 8.633 | 0.20 USD |
| 2025Q2 | 192.588 | 1.46 | 0.20 USD |
| 2025Q1 | 186.739 | -31.871 | 0.27 USD |
Revenue and net income in the company's reporting currency, millions; each figure from the quarter's own filing.
Contracted-hire cash walk (mixed lessor) 2026Q4 · as of 2026-10-20
No forward dividend: waiting for a payout-policy mapping and a cash-affordability check. A cash surplus is not a payout policy, so no dividend or forward yield is inferred from it.
consolidated · currency not sourced · an evidence-only walk, not a vessel-day revenue model: no extrapolation, no freight-to-TCE conversion.
Operating inflow: —
Cash after evidenced costs, debt and committed capex: — not enough sourced inputs to bridge
What is missing
- not on file: operating costs
- not on file: administration costs
- not on file: interest
- not on file: taxes
- not on file: scheduled debt principal
- not on file: maintenance capital expenditure
- not on file: committed growth capital expenditure
- not on file: other cash adjustments
- not on file: contracted-hire cash
- not on file: other cash receipts
Every cost needs a sourced amount, including evidenced zeroes. Contracted hire needs the quarter's cash schedule, never total backlog divided by duration; holding inflows are distributions actually received at the parent, never equity-method income or NAV.