ConocoPhillips Recognized as a Leading Dividend Stock by ETF Channel
Company Achieves Top 25 Dividend Giant Status
ConocoPhillips (Symbol: COP) has made waves by being listed among the Top 25 ”Dividend Giants” by ETF Channel. This recognition stems from an impressive $20.33 billion of its stock being held by ETFs. The company’s statistics reflect strength, with a solid 2.78% yield noted in the latest Dividend Channel ”DividendRank” report. The report highlighted ConocoPhillips’ robust history of quarterly dividends and steady long-term growth rates across key financial metrics.
The company currently pays an annualized dividend of $3.12 per share, distributed quarterly. The latest ex-dividend date was November 11, 2024. Understanding a company’s past dividend performance is essential for investors assessing the likelihood of ongoing dividend payments, which is why the report emphasized ConocoPhillips’ long-term dividend history.
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