Transocean Ltd. ( RIG ) will begin trading ex-dividend on August 20, 2014. A cash dividend payment of $0.75 per share is scheduled to be paid on September 17, 2014. Shareholders who purchased RIG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 33.93% increase over the same period a year ago. At the current stock price of $39.25, the dividend yield is 7.64%.
The previous trading day's last sale of RIG was $39.25, representing a -29.58% decrease from the 52 week high of $55.74 and a 3.26% increase over the 52 week low of $38.01.
RIG is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and TotalFinaElf, S.A. ( TOT ). RIG's current earnings per share, an indicator of a company's profitability, is $5. Zacks Investment Research reports RIG's forecasted earnings growth in 2014 as 9.77%, compared to an industry average of 8.9%.
Interested in gaining exposure to RIG through an Exchange Traded Fund [ETF]?
The following ETF(s) have RIG as a top-10 holding:
- PowerShares Dynamic Oil Services ( PXJ )
- Merrill Lynch Market Oil Service HOLDRS ( OIH )
- iShares U.S. Oil Equipment & Services ETF ( IEZ ).
The top-performing ETF of this group is OIH with an increase of 9.56% over the last 100 days. PXJ has the highest percent weighting of RIG at 5.08%.