Top 5 Dividend Stocks To Buy Right Now

Top 5 Dividend Stocks To Buy Right Now: Seadrill Limited(SDRL)

Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industries worldwide. It also offers platform drilling, well intervention, and engineering services. As of March 31, 2011 the company owned and operated 54 offshore drilling units, which consist of drillships, jack-up rigs, semisubmersible rigs, and tender rigs for operations in shallow and deepwater areas, as well as in benign and harsh environments. Seadrill Limited was founded in 1972 and is based in Hamilton, Bermuda.

Advisors' Opinion:

• [By Jake Mann]

  Offshore oil drillers have been blindsided by the fall in oil prices. I'll be watching these names closely in 2015, specifically Seadrill Ltd (NYSE: SDRL). Even if oil continues to fall, Seadrill offers an incredible dividend yield at 19.3 percent - cushioning the downside. If oil rallies, this oversold name should get a major boost.

• [By Matt DiLallo]

  Taking action
  Each company responded to the worsening industry in different ways. Seadrill Ltd (NYSE: SDRL  ) , for example, initially thought it could make it through the storm without making any major changes. The company's first action was to announce the delaying of the deliveries of a couple of its newbuild drillships by up to six months. The company said these delays were coming from the shipyards falling behind schedule. While that might be the case, we've seen other offshore drillers like Atwood Oceanics, (NYSE: ATW  ) pay extra fees in order to delay newbuild deliveries by six months hoping that the extra time would make it easier to find contracts for these rigs. 

source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-dividend-stocks-to-buy-right-now-4.html