Dividend Growth of Schlumberger N.V.(SLB)

Schlumberger N.V.(SLB) is having a Dividend Yield of 2.45% with the Annual cash Dividend per share of $2. The last quarter cash dividend per share pay out was $0.5. Schlumberger N.V. has a 5 year average dividend yield of 1.94% and the stock has a Indicated annual dividend of $2. Schlumberger N.V.(SLB) formally announced its most recent dividend on January 20, 2017 with a Dividend per share of $0.5. The new indicated annual dividend based on announced dividend per share is $2. The dividend yield based on the forward looking indicated annual dividend is 2.45%. Schlumberger N.V.(SLB) has the most recent dividend payout ratio of 1.74 with a 5-year average payout ratio of 0.5. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 1.24. The 5 year historical dividend growth of Schlumberger N.V.(SLB) is at the rate of 17.39% while the R-Squared dividend growth is 0.91. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Schlumberger N.V. (NYSE:SLB) witnessed a decline in the market cap on Thursday as its shares dropped 0.76% or 0.62 points. After the session commenced at $82.13, the stock reached the higher end at $82.17 while it hit a low of $81. With the volume soaring to 5,097,946 shares, the last trade was called at $81.13. The company has a 52-week high of $87.84. The company has a market cap of $112,890 million and there are 1,391,475,500 shares in outstanding. The 52-week low of the share price is $70.39. Shares of Schlumberger Limited appreciated by 0.51% during the last five trading days but lost 6.69% on a 4-week basis. Schlumberger Limited is up 1.17% in the last 3-month period. Year-to-Date the stock performance stands at -2.77%.

Currently the company Insiders own 0.36% of Schlumberger N.V. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -64.74% . Institutional Investors own 78.66% of Schlumberger N.V. shares. During last six month period, the net percent change held by insiders has seen a change of -64.25%. Company has reported several Insider transactions to the SEC, on Jan 6, 2017, Imran Kizilbash (VP, SLB Venture Fund) sold 77,611 shares at 86.45 per share price.On Dec 22, 2016, Ashok Belani (EVP Technology) sold 46,577 shares at 85.50 per share price.On Dec 22, 2016, Gerard Martellozo (Vice President Human Resources) sold 5,000 shares at 84.83 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Schlumberger Limited. was Initiated by SunTrust to Hold on Jan 18, 2017. Schlumberger Limited. was Initiated by Bernstein to Mkt Perform on Dec 2, 2016.

Schlumberger Limited. Last issued its quarterly earnings results on Jan 20, 2017. The company reported $0.27 EPS for the quarter. Analyst had a consensus estimate of $0.27. The company had revenue of $7107.00 million for the quarter, compared to analysts expectations of $7076.84 million. The companys revenue was down -8.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.65 EPS.

Schlumberger Limited is a global technology services company consisting of two business segments, Schlumberger Oilfield Services and SchlumbergerSema. Schlumberger Oilfield Services is the leading provider of exploration and production services, solutions and technology to the international petroleum industry. SchlumbergerSema is a leading information technology services company providing a unique combination of domain expertise and global capabilities delivered on a local basis.


Post Comment