Schlumberger (SLB) Raises Quarterly Dividend 10% to $0.275; 2.3% Yield

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Go back to Schlumberger (SLB) Raises Quarterly Dividend 10% to $0.275; 2.3% Yield

SLB Announces Fourth-Quarter and Full-Year 2023 Results and Raises Quarterly Dividend by 10%

January 19, 2024 6:50 AM EST

Fourth-quarter revenue of $8.99 billion increased 8% sequentially and 14% year on year Fourth-quarter GAAP EPS of $0.77 decreased 1% sequentially and increased 4% year on year Fourth-quarter EPS, excluding charges and credits, of $0.86 increased 10% sequentially and 21% year on year Fourth-quarter cash flow from operations was $3.02 billion and free cash flow was $2.28 billion Board approved a 10% increase in quarterly cash dividend to $0.275 per share

Full-year revenue of $33.14 billion increased 18% year on year Full-year GAAP EPS of $2.91 increased 22% year on year Full-year EPS, excluding charges and credits, of $2.98 increased 37% year on... More