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ConocoPhillips (COP) Raises Quarterly Dividend 10.5% to $0.42, 2.8% Yield; Boosts Share Buyback by $10B

February 4, 2020 7:14 AM EST

ConocoPhillips (NYSE: COP) declared a quarterly dividend of $0.42 per share, or $1.68 annualized. This is a 10.5% increase from the prior dividend of $0.38.

The dividend will be payable on March 2, 2020, to stockholders of record on February 14, 2020, with an ex-dividend date of February 13, 2020.

The annual yield... More