Monday, May 14, 2012

ConocoPhillips (COP) Dividend Announced

On May 9th, the board of directors at COP announced the next installment of their quarterly dividend. As promised before the spinoff, the quarterly dividend rate has stayed the same at $0.66 per share. The dividend will be payable on June 1st for shareholders of record on May 21st. Keep bringing the dividends, especially since their rate is staying the same but the share price has dropped due to the spinoff. My YOC for my COP shares is now 5.16%.

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