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Schlumberger hikes dividend by 3.5%

Schlumberger (SLB) lifted its quarterly dividend on January 23, 2026, increasing the payout by 3.5% to $0.295 per share .

Schlumberger hikes dividend by 3.6%

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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.

Schlumberger hikes dividend by 10%

On January 19, 2024, oil services company Schlumberger (SLB) announced that it will hike its dividend by 10 percent to 27.5 cents quarterly per share. 

Schlumberger hikes dividend by 42.9%

On January 20, 2023, oil services company Schlumberger (SLB) announced that it will hike its dividend by 42.9 percent to 25 cents quarterly per share. This is the second increase by SLB since 2015 and follows a dividend hike of 40% last year. The current dividend rate however still is half of the record level from 2020, when SLB paid 50 cents quarterly. The next SLB dividend will be baid on April 6, 2023 to shareholders of record on February 8, 2023. The new annualized dividend rate of $1.00 per share yields 1.7% at a stock price of $57.35. Schlumberger will now pay an estimated $1.4 billion in dividends annually. Schlumberger NV is a provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. The company operates worldwide and provides a range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance sustainably...

Schlumberger hikes dividend by 40%

Oil services company Schlumberger (SLB) will hike its dividend by 40 percent to 17.5 cents quarterly. This is the first increase by SLB since 2015. The next SLB dividend will be baid on July 14, 2022 to shareholders of record on June 1, 2022. The new annualized dividend rate of 70 cents per share yields 1.7% at a stock price of $39. Schlumberger NV is a provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. The company operates worldwide and provides a range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance sustainably. Schlumberger has paid a quarterly dividend since 1957. The original Schlumberger business was founded in 1926 by the brothers Conrad and Marcel Schlumberger, two French engineers and physicists, to provide wireline logging services (electronic measurement of underground formations) fo...

Schlumberger cuts dividend by 75%

Oil services company Schlumberger (SLB) will cut its dividend by 75.0 percent to $0.125 per share in 2020. The company did raise its quarterly dividend in the last five years with the latest increase of 25% to $0.50 per share dating back to April 2015. The next dividend will be baid on July 9, 2020 to shareholders of record on June 3, 2020. The new annualized dividend rate of 50 cents per share yields 3.3% at a stock price of $15.28. In the company´s press release announcing the first quarter 2020 results Schlumberger CEO Olivier Le Peuch commented: “In view of the uncertainty of the depth and extent of the contraction in oil demand due to the COVID-19 pandemic combined with the weaker commodity price environment, we have turned our strategic focus to cash conservation and protecting our balance sheet. We have therefore taken the prudent decision to reduce our dividend by 75%. The revised dividend supports Schlumberger’s value proposition through a balanced approach of shareholder ...

Schlumberger hikes dividend by 25%

Oil services company Schlumberger (SLB) will raise it's quarterly dividend by 25% to $0.50 per share. Schlumberger (NYSE: SLB) will have an indicated dividend yield of 2.6% at Thursday's closing price of $76.63.

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