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re: Seadrill (SDRL) has a yield of 0%.

Posted on 11/13/14 at 10:34 am to
Posted by LSUneaux
NOLA
Member since Mar 2014
4494 posts
Posted on 11/13/14 at 10:34 am to
Jus looked up this ticker. 20% yield???
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80801 posts
Posted on 11/13/14 at 10:38 am to
$1.00 per quarter...price is down about 10% from last month. I jumped in when it was a 14.5% yield. The CEO says the dividend is locked until 2016. Even if it is slashed in half (that is the fear and one of the reasons why the stock has fallen over 50% this year), you are still looking at a 9% yield today. The company is the best positioned of all the deep water rig companies right now - youngest fleet, 94% of assets are on contract through 2015, and they get a premium day rate over others in the industry
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