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Seadrill Partners to pay distribution to holders of record as of 6 May 2016.

M2 EQUITYBITES-April 26, 2016-Seadrill Partners to pay distribution to holders of record as of 6 May 2016

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The board of directors of Seadrill Partners (NYSE:SDLP) on Monday declared a distribution of USD0.25 per unit for the first quarter ended 31 March 2016.

According to the company, the Q1 cash distribution is in line with the fourth quarter distribution.

This cash distribution is payable on or about 13 May 2016 to unitholders of record at the close of business as of 6 May 2016.

Headquartered in London, the UK, the company owns, operates and acquires offshore drilling units and primarily serves various oil and gas companies.

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Publication:M2 EquityBites (EQB)
Date:Apr 26, 2016
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