Seadrill Partners (SDLP)

• Seadrill Partners LLC (NYSE:SDLP) is an MLP formed by the Norwegian offshore oil and gas drilling Seadrill Limited (SDRL)
• Headquarters: United Kingdom
• Founded: 2012
• Div/yield 0.10/12.38
• Website http://www.seadrillpartners.com

  

• 2 months later

Seadrill amends certain credit facilities to insulate Seadrill Partners (SDLP) from Seadrill Limited's restructuring

• Seadrill (SDRL) announces that it has completed amendments to three secured credit facilities that relate to rigs purchased by Seadrill Partners (SDLP) from the Company that will insulate Seadrill Partners from events of default related to the Company's likely use of chapter 11 proceedings to implement its restructuring plan. The amendments to the three facilities remove Seadrill Partners and its consolidated entities as a borrower or guarantor and separate the facilities such that each resulting Seadrill Limited facility is secured only by Seadrill Limited's assets without recourse to Seadrill Partners or its assets.
• The amendments to the three facilities remove Seadrill Partners and its consolidated entities as a borrower or guarantor and separate the facilities such that each resulting Seadrill Limited facility is secured only by Seadrill Limited's assets without recourse to Seadrill Partners or its assets.
• As part of this transaction we have agreed to a prepayment of $100 million upon closing and two subsequent prepayments of $25 million, one of which will be made six months after closing and another of which will be made 12 months after closing, in each case distributed pro rata across the three resulting Seadrill Partners facilities.

Western Asset Mortgage (WMC) reported earnings on Tue 8 Aug 2017 (a/h)

• Financial REIT
• Headquarters: Pasadena, CA
• Founded: 2004
• westernassetmcc.com
• Div/yield 0.31/11.67

** charts before earnings **

  

** charts after earnings **

Western Asset Mortgage beats by $0.01, beats on revs

• Reports Q2 (Jun) earnings of $0.32 per share, excluding non-recurring items, $0.01 better than the single analyst estimate of $0.31; revenues fell 7.1% year/year to $19.96 mln vs the $18.2 mln single analyst estimate.
  • $10.64 per share net book value as of June 30, 2017, net of second quarter common dividend.
  • Economic return on book value was 4.8% for the quarter.
  • 6.3x leverage as of June 30, 2017.

Omega Healthcare Investors (OHI): ex-div 7/28/17

• Div/yield 0.64/8.27
• Omega Healthcare Investors (OHI) goes ex-dividend on July 28.
• 7/27 opened at high of day of $32.68

Omega Health Investors, Inc. (OHI) is a Hunt Valley, Maryland based long-term healthcare facilities REIT, operating in the United States and the United Kingdom. Formed in 1992, Omega provides lease or mortgage financing primarily to operators of skilled nursing facilities (SNFs) and, to a lesser extent, assisted living facilities (ALFs), independent living facilities and rehabilitation and acute care facilities. These operators are responsible for all property level expenses, such as property taxes, staffing, and capital expenditures. Nearly 90% of Omega’s operators’ revenue come from reimbursements from Medicare and Medicaid.

Blackstone Mortgage Trust (BXMT)

Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America and Europe.
Sector: Real Estate
Industry: REIT - Diversified
Founded: 1966
Forward Dividend & Yield 2.48 (7.96%)
http://www.blackstonemortgagetrust.com

• 7/21/17:  #15;  is BXMT a buy?

• answer: NO

Long trade : DOC (5/17)

=LyondellBasell (LYB) increases dividend to $0.90/share

• Previous div" Div/yield 0.85/4.17

LyondellBasell increases quarterly common stock dividend to $0.90/share from $0.85/share

====Target Corp. (TGT) Ex-Dividend Date Scheduled for May 15, 2017

• Div/yield 0.60/4.40

Target Corporation ( TGT ) will begin trading ex-dividend on May 15, 2017. A cash dividend payment of $0.6 per share is scheduled to be paid on June 10, 2017. Shareholders who purchased TGT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TGT has paid the same dividend. At the current stock price of $56.06, the dividend yield is 4.28%.

The previous trading day's last sale of TGT was $56.06, representing a -29.33% decrease from the 52 week high of $79.33 and a 6.34% increase over the 52 week low of $52.72.

TGT is a part of the Consumer Services sector, which includes companies such as Wal-Mart Stores, Inc. ( WMT ) and Costco Wholesale Corporation ( COST ). TGT's current earnings per share, an indicator of a company's profitability, is $4.72. Zacks Investment Research reports TGT's forecasted earnings growth in 2018 as -20.5%, compared to an industry average of 7.8%.