Dividend Increase – ConocoPhillips (COP)

Yesterday the Board of Directors of ConocoPhillips announced a quarterly dividend increase of from $ 0.265 to $ 0.285 per share that’s payable March 1, 2018 to holders of record February 12, 2018. This represents a 7.55% increase to regular quarterly dividends. With current price $ 59.00 (yesterday's open), this raise brings their dividend yield to 1.93%. 

Since I own 30 shares of COP, this will increase my yearly net dividends by $ 1.79.

That increase rises my YOC to 1.72% 

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long COP 

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