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re: Seadrill (SDRL) has a yield of 0%.
Posted on 11/4/14 at 12:58 pm to bayoubengals88
Posted on 11/4/14 at 12:58 pm to bayoubengals88
I like SDRL, but would wait to buy until after the (seemingly inevitable) dividend cut is announced. Though essentially priced in already, it seems as though the bottom is still lower.
2
Posted on 11/4/14 at 1:01 pm to Douglas Quaid
I'm driving right now but I read a couple articles where the dividend is set until 2016. Hell, even cutting in half wouldn't make me mad- I'll take a 8.75% payout any day.
Posted on 11/4/14 at 1:07 pm to Douglas Quaid
quote:
Message
Douglas Quaid
Seadrill (SDRL) has a yield of 14.24%
I like SDRL, but would wait to buy until after the (seemingly inevitable) dividend cut is announced. Though essentially priced in already, it seems as though the bottom is still lower
An announcement of the divided cut would help the stock price, not hurt it.
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