QUARTER RESULTS Diamond Offshore Drilling, Inc. (DO) reported Q2 results ended June 2010. Q2 Revenues were $822.60M; -13.08% vs yr-ago; MISSING revenue consensus by -5.02%. Q2 EPS was $1.61; -42.29% vs yr-ago; MISSING earnings consensus by -8.00%.
What are you talking about? DO has announced Special Quarterly Cash Dividends in addition to its normal dividend for a couple of years now. They are paying a Special Quarterly Dividend of 75 cents in addition to a normal 12.5 cent dividend, thus this quarter a DO shareholder is going to receive an 87.5 cent dividend.