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COP (ConocoPhillips) Dividend Payout Ratio : 0.39 (As of Jun. 2024)


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What is ConocoPhillips Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. ConocoPhillips's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.39.

The historical rank and industry rank for ConocoPhillips's Dividend Payout Ratio or its related term are showing as below:

COP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.37   Max: 0.71
Current: 0.37


During the past 13 years, the highest Dividend Payout Ratio of ConocoPhillips was 0.71. The lowest was 0.23. And the median was 0.37.

COP's Dividend Payout Ratio is ranked better than
61.28% of 452 companies
in the Oil & Gas industry
Industry Median: 0.47 vs COP: 0.37

As of today (2024-10-31), the Dividend Yield % of ConocoPhillips is 2.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of ConocoPhillips was 8.94%. The lowest was 1.42%. And the median was 2.99%.

ConocoPhillips's Dividends per Share for the months ended in Jun. 2024 was $0.78.

During the past 12 months, ConocoPhillips's average Dividends Per Share Growth Rate was -16.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 30.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ConocoPhillips was 39.10% per year. The lowest was -28.20% per year. And the median was 8.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


ConocoPhillips Dividend Payout Ratio Historical Data

The historical data trend for ConocoPhillips's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ConocoPhillips Dividend Payout Ratio Chart

ConocoPhillips Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 - 0.35 0.26 0.45

ConocoPhillips Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.48 0.24 0.38 0.39

Competitive Comparison of ConocoPhillips's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, ConocoPhillips's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ConocoPhillips's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ConocoPhillips's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where ConocoPhillips's Dividend Payout Ratio falls into.



ConocoPhillips Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

ConocoPhillips's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=3.91/ 8.77
=0.45

ConocoPhillips's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.78/ 2.006
=0.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ConocoPhillips (NYSE:COP) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


ConocoPhillips Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of ConocoPhillips's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ConocoPhillips Business Description

Industry
Address
925 North Eldridge Parkway, Houston, TX, USA, 77079
ConocoPhillips is a US-based independent exploration and production firm. In 2023, it produced 1.2 million barrels per day of oil and natural gas liquids and 3.1 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2023 were 6.8 billion barrels of oil equivalent.
Executives
Timothy A Leach director, officer: Executive Vice President 7220 MEADOW ROAD, DALLAS TX 75230
Nicholas G Olds officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Ryan Michael Lance officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Bullock William L. Jr. officer: President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Christopher P. Delk officer: Vice President, Controller SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Dominic E. Macklon officer: President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Heather G Sirdashney officer: Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Andrew D Lundquist officer: SVP 5205 N O'CONNOR BLVD, SUITE 200, IRVING TX 75039
Sharmila Mulligan director SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Kirk L. Johnson officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
C William Giraud officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Caroline Maury Devine director ATLANTIC COAST AIRLINES INC, 45200 BUSINESS COURT, DULLES VA 20166
R A Walker director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Kelly Brunetti Rose officer: SVP & General Counsel SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Andrew M. O'brien officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084