Seadrill Partners LLC(NYSE:SDLP) Declares Dividend of $0.1000.

Seadrill Partners LLC (NYSE:SDLP) had declared a cash dividend of $0.1000 on Jul 26, 2016. The shares will quote ex-dividend on Aug 3, 2016 and the record date has been fixed for Aug 5, 2016. On Jul 26, 2016 share price, the yield comes out to be 6.8259%. The dividend payable date has been fixed on Aug 12, 2016.

In a different note, On Jul 26, 2016, Morgan Stanley said it Downgrades its rating on Seadrill Partners LLC. The shares have been rated ‘Equal-weight’ by the firm.

Seadrill Partners LLC (SDLP) made into the market gainers list on Fridays trading session with the shares advancing 4.51% or 0.18 points. Due to strong positive momentum, the stock ended at $4.17, which is also near the day’s high of $4.2. The stock began the session at $4.02 and the volume stood at 12,48,171 shares. The 52-week high of the shares is $13.36 and the 52 week low is $1.7. The company has a current market capitalization of $383 M and it has 9,18,21,600 shares in outstanding.

Seadrill Partners LLC(SDLP) last announced its earnings results on May 26, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $444.00M. Analysts had an estimated revenue of $426.00M. Earnings per share were $0.49. Analysts had estimated an EPS of $1.02.

Seadrill Partners LLC owns operates and acquires offshore drilling rigs. The Company’s drilling units are under long-term contracts with oil companies such as Chevron BP ExxonMobil and Tullow. The Company provides services to these customers with its fleet. The Company’s fleet consists of the semi-submersible West Aquarius West Capricorn West Leo West Sirius; the semi-tender West Vencedor; the tender rig T-15 and T-16; the drillship West Auriga West Vela and West Capella. The Company provides drilling services on a dayrate contract basis.

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