Billionaire Ken Fisher is Bullish About These Dividend Stocks

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16. Schlumberger Limited (NYSE:SLB)

– Forward Dividend & Yield: 2.00 (3.87%)

– Ex-Dividend Date: 2018-12-04

– Shares Owned by Fisher Asset Management (as of September 30): 6.57 million
– Value of Fisher Asset Management’s Holding (as of September 30):
$401 million

Schlumberger Limited (NYSE:SLB)’s dividend yield is pushing 4% now that shares have fallen by 33% in 2018. Fisher Investments has been a shareholder of the oilfield services company since the first half of 2003. CEO Paal Kibsgaard recently cast a pall over the shale industry by stating that all future production projections for the industry may need to be revised down. Schlumberger’s leader said that production has been falling in mature shale areas as more “child” wells are drilled.

Follow Schlumberger Limited (NYSE:SLB)

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