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Strategies & Market Trends : Dividend investing for retirement
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To: Steve Felix who wrote (27920)9/15/2017 9:09:03 AM
From: E_K_S  Read Replies (1) of 34328
 
Yes, they had a positive settlement in the SDRL CH 11 BK. They gave up 30% of revenues from their long term lease for 2 years but can then begin recapturing those fees in year 3. The good thing is of/when they begin collecting those fees, SFL s/d raise their dividend to reflect these added revenues.

It could have been worse so a net positive for the stocks especially for their 10.45% dividend to be sustained.

EKS
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