Is slb generating enough cash to pay dividend?
My understanding is biggest cost is highly paid employees, so slb should decide, dividend cut or cost cut.
5 replies (most recent on top)
dividends are the dumbest thing a company can do.
Why give away profit for nothing???? After the IPO, stocks mean nothing.
Use that money to reinvest in the business.
Dividend cut = $10 share. = Questioning company existence.
$17 billion debt.... the Schlumberger board would be wise to call a dividend holiday but they are renowned for their accurate, forward thinking.
yeah cut more heads and keep that dividend
With automated workflows, algorithms and our IT capability we don't need expensive people these days
Shareholders like layoffs