Schlumberger Ltd. (SLB) Raises Quarterly Dividend 10% to $0.275; 1.5% Yield

January 19, 2012 4:16 PM EST
Schlumberger Ltd. (NYSE: SLB) declared a quarterly dividend of $0.275 per share, or $1.1 annualized. This is a 10% increase from the prior dividend of $0.25.

The dividend will be payable on April 13, 2012, to stockholders of record on February 22, 2012, with an ex-dividend date of February 17, 2012.

The annual yield on the dividend is 1.5 percent.


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