Schlumberger Ltd. (SLB) Tops Q1 EPS by 1c, Cuts Dividend

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Schlumberger Ltd. (SLB) Lowers Quarterly Dividend 75% to $0.125; 3.4% Yield

April 17, 2020 6:55 AM EDT

Schlumberger Ltd. (NYSE: SLB) declared a quarterly dividend of $0.125 per share, or $0.5 annualized. This is a 75% decrease from the prior dividend of $0.50.

The dividend will be payable on July 9, 2020, to stockholders of record on June 3, 2020, with an ex-dividend date of June 2,... More