SLB dividend analysis

SLB dividend deep dive

SLB returns 5.80% per year through the dividend at the current $178.00 share price. The payout sits at 48% of trailing earnings, leaving 52% as retained capital — the standard line for evaluating dividend safety alongside the company's free-cash-flow trajectory.

Pillar mix backing the SLB dividend: Quality 53/100, Risk 70/100, and a payout-strain adjustment that lands the dividend safety at 54/100. The Risk pillar is the place to look first if leverage or earnings cyclicality is a concern.

Reinvested-distribution math on SLB at $178.00: holding yield (5.80%) and growth (1.8%) constant, the cumulative income compounds to roughly 33.2% over 5 years, 77.5% over 10, 215.0% over 20.

On the peer line for SLB: KO (5.00%), PG (1.50%), PEP (2.90%). The cohort-mean yield (3.13%) sets the baseline; the 5.80% read on SLB is 2.67 pp above that anchor.

For SLB cash-flow planning: ex-date 2026-03-01, settlement 2026-03-15, quarterly run-rate $2.580/share. Annualized: $10.32.

SLB synthesis: yield 5.80%, growth 1.8%, safety 54/100, payout 48%. The next earnings line will tell whether free-cash-flow conversion supports the current trajectory.