International Dividend Stocks: Ensco
Dividend Yield: 5.9%
Finally, we have a company many oil service enthusiasts may know well, Ensco (ESV).
Ensco is one of the premier oil drillers in the world, with its fleet of rigs, drill ships and submersibles. Based in the U.K., ESV chugs along year after year. The company improved its dividend by more than 60% from 2011 to 2013, and it now offers a nice, juicy 5.9% yield.
As dividend stocks go, ESV stock should remain a winner. The world will always need oil, as I always say, and drillers will always be the most popular stocks on the block. ESV itself is expected to grow earnings by roughly 14% annually for the next five years, and revenue growth for 2014 is forecast to come in the high single digits.
As of this writing, Lawrence Meyers did not hold a position in any of the aforementioned securities. He is president of PDL Broker, Inc., which brokers financing, strategic investments and distressed asset purchases between private equity firms and businesses. He also has written two books and blogs about public policy, journalistic integrity, popular culture, and world affairs. Contact him at firstname.lastname@example.org and follow his tweets @ichabodscranium.