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Schlumberger increases quarterly dividend

HOUSTON (AP) -- Schlumberger Ltd. said Thursday that it is increasing its quarterly dividend by 13.6 percent.

The company will pay 31.25 cents per share on April 12 to shareholders of record as of Feb. 20, up from its most recent dividend of 27.5 cents per share.

Schlumberger, which has principal offices in Paris, Houston and The Hague, provides technology and other support services for the oil and gas industry.