Schlumberger As of January 30, 2023 ticker dps (an.) 2023 hike 2022 hike 2021 hike
SLB $1.00 42.9% 40.0% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Oil/Gas Products & Services 1.8% 2 -12.9% Quarter 1957

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.

Schlumberger (SLB) Dividend history & statistics
Company name Schlumberger NV
Ticker symbol SLB
ISIN-code AN8068571086
company website https://www.slb.com/
Sector Energy
Business Oil/Gas Products & Services
Dividend paid since 1957
Track record (years increased) 2
Payment Frequency Quarterly dividend
Dividend growth: 5 year average -12.9%
Next dividend per share $0.25
Annual dividend per share $1.00
Dividend yield* 1.7%
Stock price* $57.35
YTD Total Return* 7.3%
Next ex-dividend date February 7, 2023
Next payment date April 6, 2023
Market cap (in $B)* 81.32
Total dividend (in $B) 1.42
© www.dividendhike.com *As of January 20, 2023

The next SLB dividend will be paid on April 6, 2023 to shareholders of record on February 8, 2023. The next ex-dividend date is February 7, 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 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) for oil drilling operations. Schlumberger incorporated was incorporated on November 6, 1956 in the Netherlands Antilles.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Feb 01 FAST 2.8% 12.9%
Feb 02 BRO 0.8% 0.0%
Feb 02 NSC 2.3% 8.9%
Feb 02 WFC 2.6% 0.0%
Feb 02 LW 1.1% 0.0%
Feb 02 COST 0.7% 0.0%
Feb 03 BKR 2.5% 0.0%
Feb 03 C 3.9% 0.0%
Feb 03 COF 2.1% 0.0%
Feb 06 AWK 1.7% 0.0%