SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (9895)11/30/2011 3:53:53 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 34328
 
RIG, Transocean, the dominant global deep-water oil driller:

The obvious problems with RIG are:
1. inconsistent dividend history. I'm making the assumption management means their recent commitment to becoming a dividend stock.
2. payout ratio way too high. The past year's earnings were affected by the BP/Macondo spill. This, I'm assuming, is a non-recurring event. Looking at their long-term earnings, and assuming deepwater drilling is a LT growth industry, the current dividend is sustainable.

Message 27796446