Ship Finance International Limited (NYSE: SFL) - Earnings Release
Reports preliminary 3Q 2012 results and quarterly dividend of $0.39 per share
Hamilton, Bermuda, November 29, 2012. Ship Finance International Limited ("Ship Finance" or the "Company") today announced its preliminary financial results for the quarter ended September 30, 2012.
Highlights:
Declares a third quarter dividend of $0.39 per share.
Declares an additional accelerated dividend of $0.39 per share for the fourth quarter 2012, payable in December 2012.
I was reading an article recently that a lot of corps are also using cash to buy back stock too, since it is so cheap to borrow money right now, why keep cash laying around? Sounds like a plan to me, borrow borrow, and borrow some more, thanks Bernake! $$$$$$$$$$$$$
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
That is just like smart homeowners who have a reliable source of income borrow to the hilt.
I can make 5%+ on my money in my company or others, so if I can borrow at 1-3%, I will do it all day long to my limit.
People think that America was built on honesty and hard work.
OVER 50% of all money made in the USA EVER has been made via interest, not earned, invested. Earning on borrowed money is like having a slave, very profitable. The only thing better for easy money would be to use ViceLord's voting and bring slavery back.
Costco, the warehouse retailer and liberal darling company, is also announcing higher dividend payments sent in December. Nice of them to reward their shareholders and give them money to pay the new Obamacare and Fiscal Cliff taxes in January.
Thomas Sowell: There are no solutions, just trade-offs.
FredHayek wrote: Costco, the warehouse retailer and liberal darling company, is also announcing higher dividend payments sent in December. Nice of them to reward their shareholders and give them money to pay the new Obamacare and Fiscal Cliff taxes in January.
I heard Costco is borrowing money so they can pay bigger dividends this year and screw the government the next. Their stock just went up 6%... I'll bet those dividends are much more effective in helping the economy than if those dollars went to government idiots.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
FredHayek wrote: Costco, the warehouse retailer and liberal darling company, is also announcing higher dividend payments sent in December. Nice of them to reward their shareholders and give them money to pay the new Obamacare and Fiscal Cliff taxes in January.
Sort of. I heard they are borrowing 3.5 billion to pay 3 billion in dividends.