Cash Dividend On The Way From New Mountain Finance

Looking at the universe of stocks we cover at Dividend Channel, on 6/13/12, Ship Finance International Ltd (NYSE: SFL) will trade ex-dividend, for its quarterly dividend of $0.39, payable on 6/28/12. As a percentage of SFL’s recent stock price of $15.59, this dividend works out to approximately 2.50%, so look for shares of Ship Finance International Ltd to trade 2.50% lower — all else being equal — when SFL shares open for trading on 6/13/12.
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Below is a dividend history chart for SFL, showing historical dividends prior to the most recent $0.39 declared by Ship Finance International Ltd:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SFL is likely to continue, and whether the current estimated yield of 10.01% on annualized basis is a reasonable expectation of annual yield going forward.