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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Schlumberger Ltd | NYSE:SLB | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.10 | 0.21% | 47.68 | 47.97 | 47.13 | 47.66 | 11,106,909 | 01:00:00 |
From May 2019 to May 2024
By Anna Prior
The board of oil-field services company Schlumberger Ltd. raised company's quarterly dividend by 28% on Thursday.
Schlumberger's quarterly increase to 40 cents a share will increase the annual rate to $1.60 a share, from $1.25.
The company has reported strong revenue growth in recent years as ramped-up activity in areas such as Canada and the deepwater U.S. Gulf of Mexico helped offset onshore North America revenue weakness.
Schlumberger in October reported third-quarter profit climbed 20% on particularly strong oil-field services revenue in the Middle East and Asia region, driven by growth in Saudi Arabia and Iraq.
Shares edged up 15 cents to $88.76 in after-hours trading. Through Thursday's close, the stock has risen 21% in the last 12 months.
Write to Anna Prior at anna.prior@wsj.com
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