Name: Dividend Payout Ratio

Definition: The dividend payout ratio shows what portion of the company’s profits are paid out to shareholders as dividends. If it’s 60%, that means 60% goes to shareholders, while 40% is kept inside the business for future growth. High payout ratios reward shareholders today. Lower payout ratios suggest the company believes it can earn even more by reinvesting in itself.

Interpretation:
• In '2021', SLB's dividend payout ratio was 0.37, demonstrating the portion of earnings distributed as dividends. Industry average for Oilfield Services/Equipment in '2021' stood at 0.08.
• In '2022', SLB's dividend payout ratio was 0.29, demonstrating the portion of earnings distributed as dividends. Industry average for Oilfield Services/Equipment in '2022' stood at 0.22. Industry average increased by 0.14 compared to previous year.
• In '2023', SLB's dividend payout ratio was 0.28, demonstrating the portion of earnings distributed as dividends. Industry average for Oilfield Services/Equipment in '2023' stood at 0.38. Industry average increased by 0.16 compared to previous year.
• In '2024', SLB's dividend payout ratio was 0.33, demonstrating the portion of earnings distributed as dividends. Industry average for Oilfield Services/Equipment in '2024' stood at 0.31. Industry average declined by 0.07 from previous year.
Overall, SLB's dividend payout ratio has consistently declined during the past 4 years.

Formula: Dividend Payout Ratio = Dividends / Net Income

Good Range: Ranges widely; 30%-60% common for mature firms.