ConocoPhillips As of November 12, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
COP $1.84 7.0% 2.4% 37.7%
Business yield Hike yrs 5 yr CAGR freq. paid since
Oil/Gas Exploration and Production 2.5% 5 13.0% Quarter N/A
ConocoPhillips hikes dividend by 7%

ConocoPhillips (COP) will raise its quarterly dividend by another 7.0 percent to $0.305 per share in the fourth quarter of 2018. Earlier this year the energy giant also hiked its dividend.

The next dividend is payable December 3, 2018, to stockholders of record at the close of business on October 15, 2018. A new annual dividend of $1.22 per share for COP yields 1.6% at a stock price of $82.02.

“Today’s dividend action is consistent with our strong operational performance, our focus on margin and cash flow expansion, and our commitment to a differentiated returns-focused value proposition, under which we return a substantial percentage of our cash flows to shareholders through dividends and share buybacks,” said Ryan Lance, chairman and chief executive officer of ConocoPhillips. “The timing of this action coincides with the regular board of directors’ meeting that includes our annual strategy review, therefore better integrating with our planning process.”

ConocoPhillips is an energy exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas and liquefied natural gas (LNG). The company operates worldwide with business in Alaska, Canada, Europa, North Africa, Asia Pacific and the Middle East.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Dec 06 CTXS 1.7% 5.7%
Dec 06 CI 1.8% 9900.0%
Dec 06 WRB 0.6% 8.3%
Dec 07 AEE 2.6% 6.8%
Dec 07 AME 0.6% 11.1%
Dec 08 KIM 2.9% 6.3%
Dec 08 NEM 3.7% 37.5%
Dec 09 BDX 1.4% 4.8%
Dec 09 ADP 1.8% 11.8%
Dec 09 NTRS 2.2% 0.0%