ConocoPhillips
COPEnergy · Stock · quarterly payer
Forward Yield
2.93%
Annual Dividend
$3.36
Payout Ratio
55%
5-Yr Growth
13.5%
Ex-Date
May 11, 2026
Frequency
Quarterly
Summary
As of July 2026, ConocoPhillips (COP) yields 2.93% ($3.36 per share annually), with a blended fair-value estimate of $160.83 — +40% upside, so it screens as undervalued. Dividend safety grade: B (75/100). 4 years of dividend growth.
Is COP a good dividend stock?
YesConocoPhillips (COP) pays a quarterly dividend yielding 2.93% ($3.36/yr), with 4 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (55%)
- Strong 13.5% 5-yr dividend growth
- 107% total price return over 5 years
Risks
- Cut its dividend in 2016
Key Data
- Dividend Yield
- 2.93%
- Payout Ratio
- 55%
- Annual Dividend
- $3.36
- 5-Yr Avg Growth
- 13.5%
- Ex-Dividend Date
- May 11, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.12
- Market Cap
- $140.9B
- P/E Ratio
- 19.4
- 5-Yr Total Return
- 107%
- 52-Week Range
- $85.57 – $135.87
- Dividend Safety
- B · 75/100
- Ever Cut?
- Yes (2016)
Frequently Asked Questions
COP Price — Last 12 Months
Daily close
Price Return
1 Year
+16%
3 Years
-4%
5 Years
+107%
52-Week Range
$85.57 – $135.87
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is COP worth?
Undervaluedmedium confidenceOur blended fair-value estimate for ConocoPhillips is $160.83 per share, versus a market price of $114.71. That implies 40% of upside — a margin of safety of about 29%.
Fair Value
$160.83
Current Price
$114.71
Upside
+40%
Margin of Safety
29%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 6.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 6.3% stage-1 growth, 2.5% terminal growth, $5.90 EPS, $3.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
COP Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 11, 2026 | — | $0.8400 | regular |
| Feb 18, 2026 | — | $0.8400 | regular |
| Nov 17, 2025 | — | $0.8400 | regular |
| Aug 18, 2025 | — | $0.7800 | regular |
| May 19, 2025 | — | $0.7800 | regular |
| Feb 14, 2025 | — | $0.7800 | regular |
| Nov 8, 2024 | — | $0.7800 | regular |
| Aug 12, 2024 | — | $0.7800 | regular |
| May 10, 2024 | — | $0.7800 | regular |
| Feb 15, 2024 | — | $0.7800 | regular |
| Nov 13, 2023 | — | $0.5800 | regular |
| Sep 27, 2023 | — | $0.6000 | regular |
| Aug 15, 2023 | — | $0.5100 | regular |
| Jun 26, 2023 | — | $0.6000 | regular |
Income Calculator
At $3.36 / yr per share
