Seeking Alpha

Seadrill (SDRL) declares quarterly dividend of $0.91/share

  • Seadrill (SDRL) bumps its quarterly dividend to $0.91/share from $0.88/share, representing an annual yield of 8.32%. Shares +4.6% premarket. (PR)
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Comments (8)
  • mbn
    , contributor
    Comments (516) | Send Message
     
    Nice.

     

    Thanks to all the SA authors for their articles on SDRL the past several years. I gained a lot from you folks.
    28 Aug 2013, 06:42 AM Reply Like
  • long_on_oil
    , contributor
    Comments (1169) | Send Message
     
    I have owned this stock since 2009 and it still does not get the respect it deserves. How big will the dividend have to be before the yield of SDRL falls in line with the rest of the oil related. This stock should be a minimum of $60 right now.
    28 Aug 2013, 08:05 AM Reply Like
  • Energysystems
    , contributor
    Comments (1121) | Send Message
     
    Completely agree long_. With the young fleet, great leader(JF), and giant yield, it is not being respected at this price.
    28 Aug 2013, 11:00 AM Reply Like
  • LaChic
    , contributor
    Comments (592) | Send Message
     
    I agree, however IMHO the debt is what is holding this stock back.
    28 Aug 2013, 08:50 AM Reply Like
  • Scotty Beans
    , contributor
    Comments (24) | Send Message
     
    I'm pretty comfortable with SDRL's debt as they are financing in a very smart way; taking advantage of rock bottom interest rates and funding expansion through new top of the line rigs.
    28 Aug 2013, 10:25 AM Reply Like
  • Lenchick
    , contributor
    Comments (71) | Send Message
     
    I think the stock should go down to $35 so we could buy, buy, and buy some more!
    I appreciate and benefit from all the contributors over the past year even though I have held SDRL for a few years now.
    28 Aug 2013, 09:58 AM Reply Like
  • James Sands
    , contributor
    Comments (2098) | Send Message
     
    Bought near $35 with a just over 9% dividend, now it's up to 10%.
    28 Aug 2013, 11:23 AM Reply Like
  • jean k
    , contributor
    Comment (1) | Send Message
     
    I bought it at 36.70 march 2013. I guess i will hold this stock forever after i read your comments.
    28 Aug 2013, 10:12 PM Reply Like
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