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This Company Is Up 33% in 2022 and Just Boosted Its Dividend by 40%. Time to Buy Now?

This Company Is Up 33% in 2022 and Just Boosted Its Dividend by 40%. Time to Buy Now?

With many major stock market indices down year to date, some investors are scrambling to find a safe harbor for their hard-earned savings. One such name is Schlumberger (NYSE: SLB), an oil and gas services giant that just boosted its quarterly dividend by 40%. Schlumberger reported first-quarter earnings results on April 22.