Schlumberger Stock To Go Ex-dividend Monday (SLB)

NEW YORK ( TheStreet) -- The ex-dividend date for Schlumberger (NYSE: SLB) is Monday, December 2, 2013. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $88.35 as of 9:50 a.m. ET, the dividend yield is 1.4%.

The average volume for Schlumberger has been 6.1 million shares per day over the past 30 days. Schlumberger has a market cap of $115.83 billion and is part of the basic materials sector and energy industry. Shares are up 26.9% year to date as of the close of trading on Wednesday.

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. It operates through three groups: Reservoir Characterization, Drilling, and Production. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Schlumberger as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Schlumberger Ratings Report.

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