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Strategies & Market Trends : Value Investing

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To: Ditchdigger who wrote (48385)6/20/2012 8:06:53 PM
From: Paul Senior1 Recommendation  Read Replies (1) of 78717
 
About Statoil: It's one of those Scandinavian companies in which I hold shares. Looking to add to position if stock will drop a bit more.

I like that STO seems to be aggressive in acquiring assets worldwide for future years' development. And the company appears to have long-term plans and actions for the development of those assets.

Annual dividend yield after foreign tax withholding, I show to be about 3.75%. (The annual dividend amount has fluctuated year-to-year, which is common with many European stocks.)

statoil.com

(OT: Aside, my wife and her family visited that museum when she was a kid.)
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