I bought SDRL with a 10.8% return. Figure it will return my intial investment in 5-6 years. SDRL is the state of the art deepwater driller with complimenting drilling services. Contract backlog more than sufficient to continue business model and dividends. JF thinks outside the box!
Dennis...I agree, I also believe that some day investors will look back to the "Good Old Days" when investors could get high yield dividends and strong growth...! Here are my current holdings and their yields; RSO 15.7%, ARR 19.8%, AGNC 20%, HTS 14.8%, CIM 16.9%, CYS 17.9% SFL 6.9%, SDRL 8% and DBA 0% (DBA is a trading position)...! I am showing very strong capital gains on ARR, AGNC, CIM and SFL (without any dividend add backs)...! This will not last forever....however, on SFL and SDRL I look for strong forward growth and future dividend increases...! Your entry point on SDRL is a better than mine (smart buy)...! Good luck to all...!