Analysis is based on comparing Seadrill Partners LLC with the following peers – Seadrill Ltd., Diamond Offshore Drilling, Inc., Ensco plc, Rowan Cos. Plc Class A and Transocean Ltd.
Seadrill Partners LLC’s dividend yield is 16.02 percent and its dividend payout is 38.94 percent. This compares to a peer median dividend yield of 0.45 percent and a payout level of 0 percent. This type of dividend performance might make it a good stock for dividend investors. In addition, the company’s relatively good dividend quality score of 92 out of a possible score of 100 points to some sustainability of its robust payout ratio, and underscores its attractiveness for dividend investors seeking current income.