SLB N.V.
SLBEnergy · Stock · quarterly payer
Forward Yield
2.31%
Annual Dividend
$1.18
Payout Ratio
57%
5-Yr Growth
17.9%
Ex-Date
Sep 2, 2026
Frequency
Quarterly
Summary
As of September 2026, SLB N.V. (SLB) yields 2.31% ($1.18 per share annually), with a blended fair-value estimate of $67.85 — +33% upside, so it screens as undervalued. Dividend safety grade: B (72/100). 4 years of dividend growth.
Is SLB a good dividend stock?
Yes, with caveatsSLB N.V. (SLB) pays a quarterly dividend yielding 2.31% ($1.18/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (57%)
- Strong 17.9% 5-yr dividend growth
- 58% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 2.31%
- Payout Ratio
- 57%
- Annual Dividend
- $1.18
- 5-Yr Avg Growth
- 17.9%
- Ex-Dividend Date
- Sep 2, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.77
- Market Cap
- $75.9B
- P/E Ratio
- 24.9
- 5-Yr Total Return
- 58%
- 52-Week Range
- $31.64 – $60.46
- Dividend Safety
- B · 72/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
SLB Price — Last 12 Months
Daily close
Price Return
1 Year
+42%
3 Years
-8%
5 Years
+58%
52-Week Range
$31.64 – $60.46
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SLB worth?
Undervaluedmedium confidenceOur blended fair-value estimate for SLB N.V. is $67.85 per share, versus a market price of $51.12. That implies 33% of upside — a margin of safety of about 25%.
Fair Value
$67.85
Current Price
$51.12
Upside
+33%
Margin of Safety
25%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 3.3% annual free-cash-flow growth. We model 15.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.2% discount rate (CAPM), 15.5% stage-1 growth, 2.5% terminal growth, $2.05 EPS, $1.18 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SLB Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 2, 2026 | — | $0.2950 | regular |
| Jun 3, 2026 | — | $0.2950 | regular |
| Feb 11, 2026 | — | $0.2950 | regular |
| Dec 3, 2025 | — | $0.2850 | regular |
| Sep 3, 2025 | — | $0.2850 | regular |
| Jun 4, 2025 | — | $0.2850 | regular |
| Feb 5, 2025 | — | $0.2850 | regular |
| Dec 4, 2024 | — | $0.2750 | regular |
| Sep 4, 2024 | — | $0.2750 | regular |
| Jun 5, 2024 | — | $0.2750 | regular |
| Feb 6, 2024 | — | $0.2750 | regular |
| Dec 5, 2023 | — | $0.2500 | regular |
| Sep 5, 2023 | — | $0.2500 | regular |
| Jun 6, 2023 | — | $0.2500 | regular |
Income Calculator
At $1.18 / yr per share
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