Dividend Growth of Seadrill Partners LLC(SDLP)

Seadrill Partners LLC(SDLP) is having a Dividend Yield of 8.23% with the Annual cash Dividend per share of $0.7. The last quarter cash dividend per share pay out was $0.1. Seadrill Partners LLC has a 5 year average dividend yield of 12.49% and the stock has a Indicated annual dividend of $0.4. Seadrill Partners LLC(SDLP) formally announced its most recent dividend on January 30, 2017 with a Dividend per share of $0.1. The new indicated annual dividend based on announced dividend per share is $0.4. The dividend yield based on the forward looking indicated annual dividend is 8.23%. Seadrill Partners LLC(SDLP) has the most recent dividend payout ratio of 0.13 with a 5-year average payout ratio of 0.58. The 5 year historical dividend growth of Seadrill Partners LLC(SDLP) is at the rate of -11.28% while the R-Squared dividend growth is 0.04. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Seadrill Partners LLC (NYSE:SDLP) rose 2.26% or 0.11 points on Thursday and made its way into the gainers of the day. After trading began at $4.9 the stock was seen hitting $4.98 as a peak level and $4.76 as the lowest level. The stock ended up at $4.97. The daily volume was measured at 653,050 shares. The 52-week high of the share price is $6.45 and the 52-week low is $1.8. The company has a market cap of $456 million. Shares of Seadrill Partners LLC rose by 8.99% in the last five trading days and 17.53% for the last 4 weeks. Seadrill Partners LLC is up 49.68% in the last 3-month period. Year-to-Date the stock performance stands at 21.17%.

Institutional Investors own 10.97% of Seadrill Partners LLC shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Seadrill Partners LLC was Upgraded by Morgan Stanley to Overweight on Feb 2, 2017.

Seadrill Partners LLC is engaged in owning, operating and acquiring offshore drilling rigs. The Companys drilling rigs are under long-term contracts with major oil companies. Seadrill Partners LLC is based in London, United Kingdom.


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