Published On: Mon, Jan 21st, 2013

Curaçao-based Schlumberger: 13.6% Increase in Quarterly Dividend

WILLEMSTAD – The Supervisory Board of Curaçao-based Schlumberger Limited (ISIN: AN8068571086, NYSE: SLB) announced the payment of a quarterly dividend of 31.25 cents per share.

This represents an increase of 13.6 percent over the previous quarter. The increased dividend of $0.3125 per share of outstanding common stock is payable on April 12, 2013 to stockholders of record at the close of business on February 20, 2013.

Extrapolated for the year, the dividend to be paid will amount to $ 1.25. The current dividend yield is at 1.70 percent of the current share price of 73.37 U.S. dollars. The dividend is scheduled to be paid on 12 April 2013. Last year dividend was increased by 10 percent.

Schlumberger Limited, based in Willemstad on the island of Curaçao, is the world’s leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing more than 118,000 people representing over 140 nationalities and working in approximately 85 countries, Schlumberger provides the industry’s widest range of products and services from exploration through production.

Schlumberger Limited has principal offices in Paris, Houston and The Hague and reported revenues of $36.96 billion in 2011.

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