SLB N.V.
SLBEnergy · Stock · quarterly payer
Forward Yield
2.51%
Annual Dividend
$1.18
Payout Ratio
51%
5-Yr Growth
17.9%
Ex-Date
Jun 3, 2026
Frequency
Quarterly
Summary
As of July 2026, SLB N.V. (SLB) yields 2.51% ($1.18 per share annually), with a blended fair-value estimate of $72.93 — +55% upside, so it screens as undervalued. Dividend safety grade: B (70/100). 4 years of dividend growth.
Is SLB a good dividend stock?
Yes, with caveatsSLB N.V. (SLB) pays a quarterly dividend yielding 2.51% ($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 (51%)
- Strong 17.9% 5-yr dividend growth
- 68% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 2.51%
- Payout Ratio
- 51%
- Annual Dividend
- $1.18
- 5-Yr Avg Growth
- 17.9%
- Ex-Dividend Date
- Jun 3, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.73
- Market Cap
- $69.4B
- P/E Ratio
- 20.7
- 5-Yr Total Return
- 68%
- 52-Week Range
- $31.64 – $58.82
- Dividend Safety
- B · 70/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
SLB Price — Last 12 Months
Daily close
Price Return
1 Year
+28%
3 Years
-20%
5 Years
+68%
52-Week Range
$31.64 – $58.82
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 $72.93 per share, versus a market price of $46.99. That implies 55% of upside — a margin of safety of about 36%.
Fair Value
$72.93
Current Price
$46.99
Upside
+55%
Margin of Safety
36%
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 0.3% annual free-cash-flow growth. We model 15.8% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 15.8% stage-1 growth, 2.5% terminal growth, $2.27 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 |
|---|---|---|---|
| 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 |
| Feb 7, 2023 | — | $0.2500 | regular |
Income Calculator
At $1.18 / yr per share
