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Hexcel hikes dividend by 13.3%
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Hexcel (HXL) will raise its quarterly dividend by 13.3% to $0.17 per share in 2025. The dividend yield is 1% at a stock price of $68. In 2024 HXL hiked the dividend by 20%.
Schlumberger (SLB) will hike its dividend by 3.6% to 28.5 cents quarterly per share in 2025. This marks the 4th consecutive year of increased dividends by SLB. The current dividend rate however still is half of the record level from 2020, when SLB paid 50 cents quarterly.