Q:

What is the dividend history of Seadrill Limited stocks?

A:

Quick Answer

Seadrill Limited began issuing dividends in 2007 with consistent disbursements between the third quarter of 2009 and the second quarter of 2014, according to the company. As of July 2015, Seadrill has not declared dividends for the remaining quarters of 2014 or for 2015.

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Full Answer

Seadrill's first ever dividend for its 2007 fiscal year was 25 cents, followed by a dividend of 60 cents in both the first and second quarters of 2008, as the company notes. The company next issued dividends in the third and fourth quarters of 2009, declaring cash payments of 50 and 55 cents. In the following year, the company distributed 60, 61, 65 and 675 cents per share in each respective quarter. In 2011, the company increased its dividend to 75 cents in the first and second quarters and to 76 and 80 cents in the third and fourth quarters. In 2012, the company issued dividends of 82 and 84 cents in the first two quarters followed by 85 cents in each of the remaining periods.

In 2013, Seadrill's dividend was 88 cents in the first quarter, followed by 91, 95 and 98 cents in each respective quarter, the company explains. Finally, in 2014 the company issued a $1 dividend in both the first and second quarters. Seadrill also issued extraordinary, nonrecurring dividends of 30, 20 and 15 cents in the fourth quarter of 2008, fourth quarter of 2010 and first quarter of 2012, respectively.

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