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DewDiligence

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DewDiligence

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Re: DewDiligence post# 7609

Monday, 01/13/2014 9:43:00 AM

Monday, January 13, 2014 9:43:00 AM

Post# of 29445
CLB boosts annualized dividend payout to $2.00 (from $1.28 in 2013):

http://www.sec.gov/Archives/edgar/data/1000229/000100022914000010/clb-exhibit99_1dividendpre.htm

At the current share price, the new dividend payout has a yield of 1.1% (before the 15% Dutch withholding tax). CLB has never been a big dividend payer, but has used excess cash flow to buy back stock aggressively.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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