ConocoPhillips (COP) will trade ex-dividend on 8/18/25, with a quarterly dividend of $0.78 payable on 9/2/25. This dividend works out to approximately 0.82% of COP's recent stock price of $95.11. The estimated yield of 3.28% on an annualized basis may not be predictable, but looking at the history can help in judging the likelihood of the dividend continuing. COP shares are currently down 0.8% on the day.
ConocoPhillips (COP), an energy giant, is set to trade ex-dividend on August 18, 2025, with a quarterly dividend of $0.78 per share payable on September 2, 2025. This dividend represents approximately 0.82% of COP's recent stock price of $95.11, yielding an annualized dividend of 3.28% [1].
The ex-dividend date, when shareholders will no longer be entitled to the dividend, is an important event for investors. On this date, the stock price may drop by around 0.82%, reflecting the dividend payout. Historically, ConocoPhillips has maintained a stable dividend policy, with a long history of payments. However, the company has cut dividends in the past, indicating that future payouts may be influenced by earnings and financial performance [2].
In its latest earnings report, ConocoPhillips reported a mixed financial performance for the second quarter of 2025. The company's earnings per share (EPS) were $1.56, with adjusted EPS at $1.42. Despite a 5% increase in the share price over the last quarter, the company's total average realized price per barrel of oil equivalent (BOE) was 19% lower compared to the second quarter of 2024, at $45.77 per BOE [3].
ConocoPhillips' dividend payout of $0.78 per share is lower than the industry average, but the company's earnings per share are growing at a robust 28% per annum. This growth indicates that the dividend is likely to increase in the future, making ConocoPhillips a solid dividend payer [3].
The company's strategic asset sales, such as the sale of Anadarko Basin assets for $1.3 billion, are expected to close at the beginning of the fourth quarter, exceeding the $2 billion disposition target ahead of schedule. This sale, along with other cost reductions and margin enhancements, is expected to generate significant cash flows, contributing to the company's growth [3].
ConocoPhillips' major capital spending is expected to peak at $3 billion in 2025, dropping by at least $1 billion in 2026. The company's cash flows are set to grow by late 2026, driven by projects like the Qatar North Field expansion and Willow. RBC analysts maintain an outperform rating on the stock, with a price target of $113 [4].
Investors should consider the company's dividend history, earnings growth, and strategic asset sales when evaluating ConocoPhillips' potential. The stock's current price of $92.60 represents a discount of 26.1% to the analyst price target of $116.74, indicating potential value appreciation [3].
References:
[1] https://stockanalysis.com/stocks/cop/dividend/
[2] https://www.nasdaq.com/articles/conocophillips-about-put-more-money-your-pocket-cop
[3] https://www.ainvest.com/news/conocophillips-pay-0-78-dividend-september-2-2508/
[4] https://finance.yahoo.com/news/conocophillips-apos-major-capital-spending-151625455.html
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