{"id":7243,"date":"2013-05-22T06:13:26","date_gmt":"2013-05-22T10:13:26","guid":{"rendered":"http:\/\/www.pgm-blog.com\/?p=7243"},"modified":"2013-05-22T06:13:26","modified_gmt":"2013-05-22T10:13:26","slug":"ensco-plc-announces-cash-dividend-stock-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.pgmcapital.com\/nl\/ensco-plc-announces-cash-dividend-stock-repurchase-program\/","title":{"rendered":"Ensco Plc announces Cash Dividend &#038; Stock Repurchase program"},"content":{"rendered":"<p><a href=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2013\/05\/Ensco-Drilling-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-7244\" alt=\"Ensco Drilling\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2013\/05\/Ensco-Drilling-1.jpg\" width=\"279\" height=\"276\" \/><\/a><a href=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2013\/05\/Ensco-logo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-7245 alignright\" alt=\"Ensco-logo\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2013\/05\/Ensco-logo.jpg\" width=\"199\" height=\"131\" \/><\/a><\/p>\n<p>Dear <strong>PGM Capital<\/strong> Blog readers,<\/p>\n<p>On Monday May 20th 2013, Ensco PLC, (NYSE: ESV)\u00a0announced that its Board of Directors has declared a regular quarterly cash dividend of\u00a0<strong>US$0.50<\/strong>\u00a0per Class A ordinary share payable on\u00a021 June 2013\u00a0to holders of Ensco\u2019s shares as of the\u00a010 June 2013\u00a0record date.<\/p>\n<ul>\n<li><span style=\"font-size: 13px;\">The current dividend annualizes to an even US$2.00 per share, that yields <strong>3.2%<\/strong> at Ensco&#8217;s today&#8217;s (May 21st 2013) closing stock price of US$63.37.<\/span><\/li>\n<\/ul>\n<p><a title=\"Ensco plc Announces Cash Dividend\" href=\"http:\/\/www.enscous.com\/Newsroom\/Press-Releases\/Press-Release-Details\/2013\/Ensco-plc-Announces-Cash-Dividend\/default.aspx\" target=\"_blank\">Source:<\/a><\/p>\n<p>The company recently announced the authorization of a US$2 billion shares repurchase program of the Class A ordinary shares and a regular dividend payment.<\/p>\n<p>Since January 2010, based on the company&#8217;s; business module, price to earnings ratio, strong balancesheet, and dividend yield we have a <span style=\"color: #339966;\"><strong>BUY<\/strong><\/span> rating on the stock.<\/p>\n<p>As can be seen from below all-time chart, the company, besides paying a regular and increasing dividend, Ensco Plc, has created great share holder&#8217;s value for its share holders.<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2013\/05\/Esnsco-Plc-All-time-Chart-May-20-2011.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-7248 aligncenter\" alt=\"Ensco Plc All time Chart May 21 2011\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2013\/05\/Esnsco-Plc-All-time-Chart-May-20-2011.png\" width=\"543\" height=\"241\" \/><\/a><\/p>\n<p>Before following any investing advice, always take your investment horizon and risk tolerance into consideration and keep in mind that the price of Crude Oil as well as the stocks of their producers and service companies can be very\u00a0volatile and that sharp corrections may happen in the short term.<\/p>\n<p>Yours Sincerely,<\/p>\n<p>Eric Panneflek<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear PGM Capital Blog readers, On Monday May 20th 2013, Ensco PLC, (NYSE: ESV)\u00a0announced that its Board of Directors has declared a regular quarterly cash dividend of\u00a0US$0.50\u00a0per Class A ordinary share payable on\u00a021 June 2013\u00a0to holders of Ensco\u2019s shares as of the\u00a010 June 2013\u00a0record date. The current dividend annualizes to an even US$2.00 per share,<a href=\"https:\/\/www.pgmcapital.com\/nl\/ensco-plc-announces-cash-dividend-stock-repurchase-program\/\">[&#8230;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,25,24,10,26,15,1,18],"tags":[],"class_list":["post-7243","post","type-post","status-publish","format-standard","hentry","category-commodities","category-dividend-declaration","category-energy","category-eric-panneflek","category-logistic","category-pgm-capital","category-uncategorized","category-world-economic-outlook"],"_links":{"self":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/7243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/comments?post=7243"}],"version-history":[{"count":0,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/7243\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media?parent=7243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/categories?post=7243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/tags?post=7243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}