February Buys

Two buys this month : Another Norwegian company was added to the dividend machine: 366 shares of Prosafe SE (PRS.OL) were purchased for 24.06 NOK per share.

53 shares of BHP Billiton (BLT.L) were bought for GBX 1494 per share

Prosafe is the world’s leading owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 248.3 million in 2014 and net profit was USD 178.8 million. The company operates globally, employs 800 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange.

Wikipedia: “BHP Billiton is an AngloAustralian multinational mining, metals and petroleum company headquartered in Melbourne, Australia. It is the world’s largest mining company measured by 2013 revenues.” BHP is listed at four places : London, New York, Johannesburg and Sydney. I bought the shares listed in London with the symbol BLT

Dividend

Prosafe pays a quarterly dividend of 0.36 NOK per share. This equals to almost 6% dividend yield.

BHP pays two dividends per year, one in March and one in September. The current dividend is 62 $ cents per share. Given the current exchange rates the yield for BHP is 5,35%.

The portfolio page has been updated to reflect these additions.

Photo credit : © Prosafe

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