ConocoPhillips (ConocoPhillips) Dividend Payout Ratio : 0.24 (As of Dec. 2023)

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What is ConocoPhillips Dividend Payout Ratio?

ConocoPhillips's dividend payout ratio for the months ended in Dec. 2023 was 0.24.

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: 0.35 Max: 0.71
Current: 0.44

During the past 13 years, the highest Dividend Payout Ratio of ConocoPhillips was 0.71. The lowest was 0.23. And the median was 0.35.

COP's Dividend Payout Ratio is ranked better than
50.33% of 451 companies
in the Oil & Gas industry
Industry Median: 0.44 vs COP: 0.44

As of today (2024-04-25), the Dividend Yield % of ConocoPhillips is 1.93%.

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 3.30%.

ConocoPhillips's Dividends per Share for the months ended in Dec. 2023 was $0.58.

During the past 12 months, ConocoPhillips's average Dividends Per Share Growth Rate was 8.90% 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.

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

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0.27

0.35

0.26

0.45

ConocoPhillips Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.49	0.48	0.61	0.48	0.24

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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 Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.58	/	2.4
	=	0.24

ConocoPhillips (NYSE:COP) Dividend Payout Ratio Explanation

In dividends investing, 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 (ConocoPhillips) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ConocoPhillips (NYSE:COP) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

COP:Mexico COP_KZ:Kazakhstan 1COP:Italy YCP:Germany YCP:Germany YCP:Germany YCP:Germany COPH34:Brazil

Address

925 North Eldridge Parkway, Houston, TX, USA, 77079

Website

https://www.conocophillips.com

ConocoPhillips is a U.S.-based independent exploration and production firm. In 2022, 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 2022 were 6.6 billion barrels of oil equivalent.

Executives

Timothy A Leach	director, officer: Executive Vice President	7220 MEADOW ROAD, DALLAS TX 75230
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
Ryan Michael Lance	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
Kirk L. Johnson	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
Nicholas G Olds	officer: Senior Vice 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
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
Dennis V Arriola	director	162 CANCO ROAD, PORTLAND ME 04103
Jody Freeman	director	SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Jack F Harper	officer: Executive Vice President	SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084