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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: JimisJim who wrote (21217)	11/26/2014 3:50:02 PM
From: deeno	Read Replies (1) \| Respond to of 34328

" the board authorizes" "authorizes" does not mean they will actually do it. Trying to soften the blow. PR nothing else IMHO.

To: JimisJim who wrote (21217)	11/26/2014 4:38:44 PM
From: Raptech	Read Replies (1) \| Respond to of 34328

Time will tell if he's playing this correctly, but I still think the fundamentals of SDRL make it a prime/solid spec play candidate for cash one does not count on having for retirement sustenance. If it were to go completely under due to the sector fundamentals, so would 80% of all offshore OSX companies and I seriously doubt that will happen. Agree, have been waiting and watching as it appeared inevitable that the divvy couldn't hold up as oil prices continued trending down. Started a 1/4 position at $16.00 today as a value play and will average in to a full position. Supply / demand / sentiment / speculation all play a role, but regardless of how oil prices are ultimately determined, based on its use in fuels and countless consumer goods, oil will continue to be in high demand for the foreseeable future. It's now a matter of waiting for the next up cycle. Are a few oil princes in Saudi Arabia playing a game, which will end soon. How many years??? And, when will a dividend return.

To: JimisJim who wrote (21217)	11/26/2014 10:10:43 PM
From: ferris wheel	Read Replies (1) \| Respond to of 34328

Hi, Recent lurker. Am down 28% on my Ensco and was wondering if anyone felt the dividends are at risk there as well? Thanks, FerrisWheel

To: JimisJim who wrote (21217)	12/1/2014 1:25:03 PM
From: chowder	1 Recommendation Recommended By rnsmth Read Replies (1) \| Respond to of 34328

I sold my SDRL shares back in August and announced I was going to do it over on SA the day I did. SDRL was always a spec play for me and I don't speculate for income. I speculate for cap appreciation. It just so happened that SDRL paid a nice dividend and as far as I was concerned, it was just gravy. When the CFO said that market conditions were weak and going to get weaker, I knew that a highly leveraged company like SDRL wasn't going to see prices going any higher. That was my sell signal since cap appreciation was objective. I never gave the dividend a second thought as SDRL's Financial Strength ratings were declining, which put the dividend at risk. I purchased CTSH and GILD with the SDRL proceeds and they are obviously spec plays for me as well. BTW, as a for what it's worth, the dividend/distribution is at risk for LINE/LNCO. Their financial quality ratings are worse than SDRL's.