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Message
re: Seadrill (SDRL) has a yield of 0%.
Posted on 11/4/14 at 1:07 pm to Douglas Quaid
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.
1
Posted on 11/4/14 at 1:16 pm to I Love Bama
That is my point and why I wouldn't buy right now. The price may continue drifting downward until there is a bit more clarity on the dividend and the future price of oil.
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