SLB Limited (NYSE:SLB) Declares $0.29 Quarterly Dividend

SLB Limited (NYSE:SLB) announced a quarterly dividend on Thursday, July 23rd. Investors of record on Wednesday, September 2nd will be paid a dividend of 0.295 per share by the oil and gas company on Thursday, October 8th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, September 2nd.

SLB has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 5 years. SLB has a dividend payout ratio of 34.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect SLB to earn $3.33 per share next year, which means the company should continue to be able to cover its $1.18 annual dividend with an expected future payout ratio of 35.4%.

SLB Price Performance

Shares of SLB stock traded up $5.21 during midday trading on Friday, reaching $52.43. 28,892,755 shares of the company traded hands, compared to its average volume of 17,391,477. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.34 and a quick ratio of 0.98. The firm has a market cap of $78.39 billion, a PE ratio of 22.90, a price-to-earnings-growth ratio of 1.93 and a beta of 0.72. SLB has a 1-year low of $31.64 and a 1-year high of $58.82. The firm’s 50 day simple moving average is $51.22 and its two-hundred day simple moving average is $50.54.

SLB (NYSE:SLB) last announced its quarterly earnings results on Saturday, July 25th. The oil and gas company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.04. The business had revenue of $8.97 billion during the quarter, compared to analysts’ expectations of $8.67 billion. SLB had a return on equity of 15.54% and a net margin of 9.26%.The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the business posted $0.74 earnings per share. On average, equities research analysts expect that SLB will post 2.52 EPS for the current fiscal year.

SLB News Roundup

Here are the key news stories impacting SLB this week:

• Positive Sentiment: SLB reported Q2 adjusted EPS of $0.55, ahead of estimates of $0.51, on revenue of $8.97 billion versus expectations of $8.67 billion. SLB (NYSE:SLB) Beats Expectations in Strong Q2 CY2026
• Positive Sentiment: Management pointed to higher offshore activity and growth in Digital and Production Systems, which helped drive the quarter and support the outlook. SLB Posts Higher Revenue on Increased Offshore Activity, Data-Center Demand
• Positive Sentiment: SLB’s expanding data-center power and infrastructure push is being viewed as an additional growth vector, adding to investor optimism. What SLB (SLB)’s AI Data Center Power Push and Baleine Win Means For Shareholders
• Neutral Sentiment: Revenue still declined year over year, so the quarter was solid but not a return to broad-based growth. Top US oilfield services firm SLB beats quarterly profit estimates
• Neutral Sentiment: Middle East disruptions remain a headwind, but resilient demand in other regions is currently outweighing that pressure. SLB Stock Rises on Earnings Beat as Strong Activity Offsets Middle East Disruption

SLB Company Profile

SLB (NYSE: SLB), historically known as Schlumberger, is a leading global provider of technology, integrated project management and information solutions for the energy industry. Founded by Conrad and Marcel Schlumberger in 1926, the company develops and supplies products and services used across the exploration, drilling, completion and production phases of oil and gas development. Its offerings are intended to help operators characterize reservoirs, drill and complete wells, optimize production and manage field operations throughout the asset lifecycle.

SLB’s product and service portfolio spans reservoir characterization and well testing, wireline and logging services, directional drilling and drilling tools, well construction and completion technologies, production systems, and subsea equipment.