“With confidence in the strength and longevity of the cycle and visibility into sustained strong cash flows, we are pleased to announce that our Board of Directors has approved a 10% increase to our quarterly dividend. Additionally, we plan to increase share repurchases in 2024, visibly enhancing returns to shareholders for the full year.”
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SLB:
- SLB price target lowered to $67 from $68 at Benchmark
- Options Volatility and Implied Earnings Moves This Week, January 16 – January 19, 2024
- SLB and Nabors announce collaboration to scale adoption of drilling automation
- SLB price target lowered to $71 from $77 at Piper Sandler
- SLB price target lowered to $63 from $64 at Stifel