The 3 Week Diet System

Thursday, May 28, 2015

Schlumberger About To Put More Money In Your Pocket (SLB)

May 28:

Looking at the universe of stocks we cover at Dividend Channel, on 6/1/15, Schlumberger Ltd. (NYSE: SLB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/10/15. As a percentage of SLB’s recent stock price of $90.61, this dividend works out to approximately 0.55%, so look for shares of Schlumberger Ltd. to trade 0.55% lower — all else being equal — when SLB shares open for trading on 6/1/15.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » or click here to find out which 9 other stocks going ex-dividend you should know about, at DividendChannel.com »
Below is a dividend history chart for SLB, showing historical dividends prior to the most recent $0.50 declared by Schlumberger Ltd.:
SLB+Dividend+History+Chart
In general, dividend paying stocks are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SLB is likely to continue, and whether the current estimated yield of 2.21% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of SLB shares, versus its 200 day moving average:
Schlumberger Ltd. 200 Day Moving Average Chart

Looking at the chart above, SLB’s low point in its 52 week range is $75.60 per share, with $118.76 as the 52 week high point — that compares with a last trade of $90.73.
According to the ETF Finder at ETFChannel.com, SLB makes up 20.70% of the iShares U.S. Oil Equipment & Services ETF (AMEX: IEZ) which is trading lower by about 0.7% on the day Thursday.
In Thursday trading, Schlumberger Ltd. shares are currently down about 0.4% on the day.

Source: http://www.forbes.com/sites/dividendchannel/2015/05/28/schlumberger-about-to-put-more-money-in-your-pocket-slb-4/?

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