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Schlumberger’s Dividend Yield and Why It Matters

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Schlumberger’s dividend and dividend yield

In April, Schlumberger (SLB) announced a quarterly dividend of $0.50 per share to be paid in July. Schlumberger’s (SLB) quarterly dividend per share remained unchanged from Q1 2017 to Q1 2018.

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Dividend yield compared with peers

At the end of the first quarter, SLB’s dividend yield was 3.1%. Halliburton’s (HAL) dividend yield was ~1.3%, and Core Laboratories’ (CLB) was ~1.9%.

Why dividend yield is so important

Dividend yield expresses shareholders’ returns by way of dividends. It can be used to compare a stock with other stocks in the industry. Schlumberger’s high dividend yield, coupled with its consistent dividend payout, indicates its attractiveness from a regular yield standpoint.

Learn more about the OFS industry in Market Realist’s The Oilfield Equipment and Services Industry: A Primer. Also see Market Realist’s The Lowest 5 Oilfield Services Companies by Free Cash Flow.

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