Seadrill Limited Dividends
The next dividend date for Seadrill Limited has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Seadrill Limited (SDRL)
More About Seadrill Limited
Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. The company owns and operates drill ships and semi-submersible rigs for operations in shallow and ultra-deep water in benign and harsh environments. It serves oil super-majors, state-owned national oil companies, and independent oil and gas companies. The company was formerly known as Seadrill 2021 Limited. Seadrill Limited was incorporated in 2005 and is based in Hamilton, Bermuda.
Owning Seadrill Limited Stock on the Dividend Date
If you own Seadrill Limited stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Seadrill Limited stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Seadrill Limited stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Seadrill Limited stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Seadrill Limited dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Seadrill Limited Dividends
You can contact us any time if you would like to ask questions about Seadrill Limited dividends or anything else related to the stock market.