Seadrill Partners LLC (SDLP) Announces Quarterly Dividend of $0.43
Seadrill Partners LLC (NASDAQ:SDLP) announced a quarterly dividend on Monday, October 28th, American Banking News reports. Stockholders of record on Thursday, November 7th will be paid a dividend of $0.4275 per share on Thursday, November 14th. This represents a $1.71 annualized dividend and a dividend yield of 5.20%. The ex-dividend date is Tuesday, November 5th.
A number of analysts have recently weighed in on SDLP shares. Analysts at Global Hunter Securities reiterated a “buy” rating on shares of Seadrill Partners LLC in a research note to investors on Tuesday, October 22nd. They now have a $35.00 price target on the stock. On the ratings front, analysts at JPMorgan Chase & Co. raised their price target on shares of Seadrill Partners LLC from $290.00 to $322.00 in a research note to investors on Tuesday, October 22nd. They now have a “neutral” rating on the stock. Finally, analysts at Zacks upgraded shares of Seadrill Partners LLC from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, October 2nd. They now have a $36.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Seadrill Partners LLC presently has a consensus rating of “Buy” and an average target price of $72.50.
Seadrill Partners LLC (NASDAQ:SDLP) traded down 0.45% during mid-day trading on Monday, hitting $32.90. The stock had a trading volume of 22,177 shares. Seadrill Partners LLC has a 1-year low of $22.90 and a 1-year high of $32.14. The stock’s 50-day moving average is $29.67 and its 200-day moving average is $28.76. The company’s market cap is $1.361 billion.
Seadrill Partners LLC (NASDAQ:SDLP) is a limited liability company.
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