Oil giant ConocoPhillips  announced today its third-quarter dividend of $0.69 per share, the same rate it paid last quarter after raising the payout 4.5% from $0.66 per share.

The board of directors said the quarterly dividend is payable on Dec. 2 to the holders of record at the close of business on Oct. 15. The regular dividend payment equates to a $2.76-per-share annual dividend, yielding 3.9% based on the closing price today of ConocoPhillips' stock.

COP Dividend Chart

COP Dividend data by YCharts

The article ConocoPhillips Keeps Dividend Steady originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Increase your money and finance knowledge from home

Behavioral Finance

Why do investors make the decisions that they do?

View Course »

Reading a Stock Quote

Learn to read the ingredients of a stock.

View Course »

Add a Comment

*0 / 3000 Character Maximum