EOG vs SLB: Dividend Comparison
Dividend data as of
Eog Resources Inc (EOG) and Slb Limited/Nv (SLB) are both in the Energy sector, making them natural rivals for dividend investors. EOG offers a significantly higher 3.50% yield compared to SLB's 2.28%, a gap of 1.22%. For dividend growth, SLB leads with a 5-year CAGR of 22.9% versus EOG's -1.8%. Both stocks carry a "Safe" dividend safety rating.
Verdict
Yield Analysis
EOG yields 1.22% more than SLB. In dollar terms, EOG pays $3.94/share vs SLB's $1.14/share annually.
Dividend Growth
EOG: Dividend growth is slowing — the 3-year CAGR of -10.9% trails the 5-year rate of -1.8% and the 10-year rate of 25.7%.
SLB: Dividend growth has been steady, with a 3-year CAGR of 23.3% and a 5-year CAGR of 22.9% (10-year: -3.0%).
Dividend Safety
EOG: The payout ratio of 38% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.6x.
SLB: The payout ratio of 49% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.1x.
Estimated Annual Dividend Income
Based on current dividend yields. Actual income may vary.
What does $10,000 buy in EOG vs SLB today?
At $120.62 per share, $10,000 buys about 82.9 shares of Eog Resources Inc (EOG). Each share pays $3.94 per year in dividends, so the position starts out generating roughly $327 per year — about $27 a month.
At $50.61 per share, $10,000 buys about 197.6 shares of Slb Limited/Nv (SLB). Each share pays $1.14 per year in dividends, so the position starts out generating roughly $225 per year — about $19 a month.
EOG is the larger income stream from day one: $102 per year more on the same $10,000 invested.
What could $10,000 of EOG or SLB income look like in 10 years?
Eog Resources Inc (EOG)'s dividend has shrunk about 1.8% a year over the past five years. If that trend continued, today's $350 per year on $10,000 (at the current 3.50% yield) would fall to $292 per year by 2036.
Slb Limited/Nv (SLB) has raised its dividend about 22.9% a year over the past five years. If that pace held, the $228 per year that $10,000 generates today at the current 2.28% yield would reach $1,789 per year by 2036 — a 17.9% yield on the original cost.
On those trailing rates, SLB pays more in 2036: $1,789 versus $292 per year. The projection assumes each five-year growth rate persists and no dividends are reinvested — real payouts will differ.
When would SLB's dividend growth overtake EOG's higher yield?
Slb Limited/Nv (SLB) yields less today (2.28% vs 3.50%) but has grown its dividend faster — 22.9% vs -1.8% a year over the past five years. If both trends continued, a $10,000 position in SLB would start out-earning the same position in EOG around 2028 (roughly 2 years from now), paying about $344 per year at the crossover. Before that point, EOG pays more each year; after it, the gap compounds in SLB's favor.
Can EOG and SLB afford their dividends?
Eog Resources Inc (EOG) earns $10.07 per share against $3.94 paid out in dividends — 2.6x coverage (a 38% payout ratio).
Slb Limited/Nv (SLB) earns $2.35 per share against $1.14 paid out in dividends — 2.1x coverage (a 49% payout ratio).
EOG's wider coverage leaves more cushion if earnings dip. As a rule of thumb, coverage below about 1.5x (a payout ratio above ~65%) is where a dividend starts to look stretched — worth watching for SLB if earnings weaken.
Which fits an early-retirement income portfolio better, EOG or SLB?
For income you need right now, Eog Resources Inc (EOG) leads: $100,000 invested today pays about $292 a month at the current 3.50% yield, versus $190 a month from Slb Limited/Nv (SLB) at 2.28%.
With a decade or more before the income is needed, SLB's faster dividend growth (22.9% vs -1.8% a year) matters more than the starting yield — raises compound into the larger paycheck over time.
On consistency: SLB has raised its dividend 4 consecutive years.
Many income investors simply hold both — the mix pairs current yield with growth and spreads single-name risk. Whichever way you lean, dividends are never guaranteed; recheck the payout each quarter rather than setting and forgetting.
$10,000 with DRIP: projected annual income
If each holding keeps raising its dividend at its real 5-year rate and every payment is reinvested, a $10,000 position pays $413/yr in EOG vs $2,241/yr in SLB by year 10.
Assumes dividends are reinvested at the current yield and grow at each holding's trailing 5-year dividend CAGR. A projection, not a prediction — no price appreciation modeled.
Track EOG and SLB in your portfolio
See your real income from both — forward projections, yield on cost, and dividend safety signals. Sync your brokerage free for 30 days, or track holdings manually on the free plan.
Frequently Asked Questions
Related Resources
Individual Stock Analysis
Dividend Tools
Track Your Dividends
More Comparisons
This tool is for educational and informational purposes only and does not constitute investment, financial, tax, or legal advice. Consult a licensed professional before making investment decisions.
Past performance does not guarantee future results. All projections are hypothetical estimates based on user-provided inputs and may differ materially from actual outcomes.
By using this tool you agree to our Terms of Service and Privacy Policy.