Schlumberger (SLB) recently announced its upcoming cash dividend on Jul 17, 2025, with an ex-dividend date set for Sep 3, 2025, and a payment date of Oct 9, 2025. Investors will receive $0.28500000 per share, which is slightly higher than the average of the last 10 dividends, which stood at $0.2801253. This upcoming payout follows a similar cash dividend on Jul 10, 2025, of $0.28500000 per share. The consistency in the dividend amount suggests a stable income stream for long-term shareholders, while the slight increase over the average may indicate a positive outlook from the company.
Over the past week,
has garnered significant market attention due to several key developments. Most recently, the company saw its stock price rise by 7.87% since the announcement on Aug 1, 2025, signaling investor confidence. Additionally, institutional activity has been notable, with Earnest Partners LLC increasing its stake in the first quarter of 2025, now holding 168,585 shares valued at approximately $7.05 million. Analysts also remain optimistic, with the average brokerage recommendation standing at 1.59, reflecting a favorable buy rating. These factors collectively indicate strong institutional and analyst support, which could contribute to further stock appreciation in the near term.
Another significant event occurred on Aug 29, 2025, when Schlumberger’s stock rose 0.99% despite a sharp 33.96% drop in trading volume to $0.44 billion. The price momentum suggests a mix of cautious optimism and market consolidation ahead of potential earnings or strategic announcements. Meanwhile,
has been recognized for its supply chain excellence, ranking No. 13 in the
Industrial Manufacturing Supply Chain Top 15 for 2025. This achievement highlights the company’s operational efficiency and reinforces its competitive position in the energy sector.
As of late, Schlumberger’s fundamentals remain robust, supported by its consistent dividend policy and recent institutional backing. With the ex-dividend date of Sep 3, 2025, approaching, investors must note that this is the last day to purchase the stock and be eligible for the upcoming dividend. Any purchase made after this date will not qualify for the dividend payout of $0.28500000 per share.
Comments
No comments yet