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Ship Finance International Limited (NYSE:SFL) announced a quarterly dividend on Thursday, August 28th, AmericanBankingNews.com reports. Stockholders of record on Friday, September 12th will be paid a dividend of 0.41 per share on Tuesday, September 30th. This represents a $1.64 annualized dividend and a dividend yield of 8.39%. The ex-dividend date is Wednesday, September 10th.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Ship Finance International Limited from a “neutral” rating to an “outperform” rating in a research note on Monday, August 4th. They now have a $20.20 price target on the stock. Analysts at Jefferies Group raised their price target on shares of Ship Finance International Limited from $19.00 to $21.00 in a research note on Monday, July 28th. They now have a “hold” rating on the stock.

Ship Finance International Limited (NYSE:SFL) opened at 19.55 on Thursday. Ship Finance International Limited has a 52-week low of $14.90 and a 52-week high of $19.65. The stock’s 50-day moving average is $18.56 and its 200-day moving average is $18.0. The company has a market cap of $1.824 billion and a P/E ratio of 18.34.

Ship Finance International Limited (NYSE:SFL) last announced its earnings results on Thursday, August 28th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.04. The company had revenue of $157.00 million for the quarter, compared to the consensus estimate of $73.13 million. Analysts expect that Ship Finance International Limited will post $1.24 EPS for the current fiscal year.

Ship Finance International Limited (NYSE:SFL) is engaged primarily in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets.

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