ConocoPhillips (COP) Dividend History
Income profile from 1982 to 2026 with payout safety and yield-on-cost trend
COP Dividend Income Check
Safety
50.0% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 8.0% and trend is rising.
COP Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
COP Income Growth Story
Dividend per share and yield on cost over time (45 years of payments)
COP Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
ConocoPhillips distributes 50.0% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 21.2%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
COP has raised its dividend for 1 consecutive year, with a 3-year CAGR of -13.9% and 5-year CAGR of 13.5%.
Total Shareholder Returns
Beyond cash dividends, COP returns capital through share repurchases. The combined picture: 2.6% dividend yield, 3.3% buyback yield, 5.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 8.0% and is currently rising. The 5-year total return is 154.1%, with dividends contributing 31.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $34,090 today.
COP Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 11, 2026Latest | $0.8400 | — | 2.68% | Jun 1, 2026 |
| Feb 18, 2026 | $0.8400 | — | 2.93% | Mar 2, 2026 |
| Nov 17, 2025 | $0.8400 | ↑ +7.7% | 3.58% | Dec 1, 2025 |
| Aug 18, 2025 | $0.7800 | — | 3.32% | Sep 2, 2025 |
| May 19, 2025 | $0.7800 | — | 3.45% | Jun 2, 2025 |
| Feb 14, 2025 | $0.7800 | — | 3.24% | Mar 3, 2025 |
| Nov 8, 2024 | $0.7800 | — | 2.80% | Dec 2, 2024 |
| Aug 12, 2024 | $0.7800 | — | 3.20% | Sep 3, 2024 |
COP Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $150.3B | 2.6% | 50.0% | 1 | Sustainable | |
3rd | $75.4B | 2.8% | 43.4% | 1 | Sustainable |
| $31.7B | 1.9% | 23.4% | 0 | Sustainable | |
| $58.0B | 1.9% | 69.5% | 0 | Watch | |
| $58.8B | 2.7% | 67.3% | 4 | Watch | |
| $656.4B | 2.6% | 59.7% | 26 | Sustainable | |
1st | $384.4B | 3.6% | 1.0% | 8 | Sustainable |
2nd | $5.9B | 3.1% | 1.8% | 4 | Sustainable |
COP Annual Dividend History (1982–2026)
45 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.68 | — | 2 | — | — | — | 4.2% |
| 2025 | $3.18 | 1.9% | 4 | $6.35 | 50.1% | 2.00x | 8.0% |
| 2024 | $3.12 | -20.2% | 4 | $7.81 | 39.9% | 2.50x | 7.9% |
| 2023 | $3.91 | -21.6% | 7 | $9.06 | 43.2% | 2.32x | 9.9% |
| 2022 | $4.99 | 155.9% | 8 | $14.57 | 34.2% | 2.92x | 12.6% |
| 2021 | $1.95 | 15.4% | 5 | $6.08 | 32.1% | 3.12x | 4.9% |
| 2020 | $1.69 | 26.6% | 4 | $-2.51 | — | — | 4.3% |
| 2019 | $1.33 | 15.1% | 4 | $6.40 | 20.9% | 4.79x | 3.4% |
| 2018 | $1.16 | 9.4% | 4 | $5.32 | 21.8% | 4.59x | 2.9% |
| 2017 | $1.06 | 6.0% | 4 | $-0.70 | — | — | 2.7% |
Full COP Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See COP's True Return
Price is only half the story. See total return with reinvested dividends.
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DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare COP vs XOM
Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonCOP — Frequently Asked Questions
Quick answers to the most common questions about buying COP stock.
How much dividend does COP pay per share?
ConocoPhillips (COP) pays a trailing 12-month dividend of $3.19 per share, with a current dividend yield of +2.6%. Payments are made Semi-Annual.
When is COP's next ex-dividend date?
COP's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. COP typically pays dividends Semi-Annual.
Is COP's dividend safe?
COP's dividend safety is rated "Sustainable" based on an earnings payout ratio of +50.0% and FCF payout ratio of +21.2%. The 1-year growth streak provides moderate confidence.
How many years has COP increased its dividend?
COP has 1 consecutive years of dividend growth. The 5-year dividend CAGR is +13.5%.
How often does COP pay dividends?
ConocoPhillips pays dividends Semi-Annual. The trailing 12-month total is $3.19 per share. Dividend data on this page covers 44+ years from 1982 to 2026.
How much would $10,000 invested in COP grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in COP five years ago would be worth approximately $25,411 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is COP's yield on cost for long-term holders?
COP's yield on cost — the current dividend divided by the original purchase price — is +8.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.6% market yield, thanks to consistent dividend growth.