ConocoPhillips Raises Quarterly Dividend by 11%

By Colin Kellaher

 

ConocoPhillips' board has raised the exploration and production company's quarterly dividend by 11%, to 93 cents from 84 cents.

The new payout, equal to $3.72 a year, represents an annual yield of about 2.72%, based on Wednesday's closing price of $136.94, up from 2.45%.

The Houston company on Thursday said the increased dividend is payable Dec. 1 to shareholders of record Nov. 16.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

November 05, 2026 08:05 ET (13:05 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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