Finance Friday

 For those of you who are showing an interest in investing for yield, here is another one you may wish to discuss with your financial adviser or investigate on your own. This is strictly for information. Any stock can lose value.
Seadrill (symbol SDRL) is a company engaged in exactly what the name implies. The company normally pays a quarterly dividend of 84 cents or about 9% per year at a price per share of $37.00. This year it paid a double dividend in December to avoid the possible new tax laws so it will not pay another dividend for about six months. Be advised. See the information posted below.    Ken

Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. Its services include drilling, completion, and maintenance of offshore wells; production drilling and well maintenance; and well services. The company owns and operates a fleet of 59 offshore drilling units, which consist of 13 semi-submersible rigs, 9 drillships, 21 jack-up rigs, and 16 tender rigs for operations in shallow, mid and deepwater areas, and in benign and harsh environments. It serves oil and gas exploration and production companies, including integrated oil companies, independent oil and gas producers, and government-owned oil and gas companies. Seadrill Limited was founded in 1972 and is based in Hamilton, Bermuda.