Even if investments like U.S. Treasuries and CDs right now offer less risk than stocks, we can't survive on their pathetically low yields. So a company that's reliable, profitable and yielding 10% is quite a find.
Better yet, SeaDrill's share price has dropped significantly due to recent market conditions, making the stock a real bargain. At around $30 it's trading well below its 52-week high of $38.49.
So now's the time to buy SeaDrill Ltd., for a chance to collect cash flow while investing in a growing business model that's already seen substantial global success (**).
SeaDrill Ltd.: A Growing Global PowerhouseSeaDrill is the world's second-largest ultra-deepwater driller. The company's asset mix is second-to-none, giving investors access to top-of-the-line equipment involved in high yielding contracts.
In addition to its high dividend, SeaDrill Ltd.:
- Has one of the newest, most diversified drilling equipment fleets in the world.
- Is headed by famously successful leadership.
- And has steady cash flow to keep up with debt.
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